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ID# 15571

Ideal Building for owner/user/investor - For Sale

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Investment - All
investment - all in Burlington
Sale/LeaseFor Sale
TypeInvestment - All, Industrial/Warehouse
Size25,904.0 Sq. Ft.
Address MAINWAY, Burlington, ON
Floor plansView floor plan #1
investment - all pricing
Sale Price$1
description of investment - all

General Description:
Tenants occupy 15,128 SF of space. Dock doors are filled with gravel for tenant access. This building is ideal for an owner/user/investor who needs approximately 9,280 SF with lots of outside storage. Presently $98,048.00 in net income with 9,280 SF vacant. Potential net income of $117,608.43. All but one tenant's rent escalates $0.50/sq.ft. every 2 years. New membrane roof over offices. Possible VTB up to $500,000.00 to qualified buyer. Existing first mortgage of approximately $400,000.00 can be assumed with approval.

Location Description:
QEW to Walkers Line, North on Walkers to Mainway

Fire Protection/Security Type : Sprinkler System-Fire

Floor Area : 25904 sqft

Land Size : 1.74 acres

Loading : Grade level, Grade level, Grade level

Site Influences:
Amenities Nearby : Public Transit

Site Access : Highway access

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