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7 Prospect Road Morrisburg, Ontario K0C 1X0

$479,000

Investment Opportunity! Perfectly located M2 Industrial Commercial property situated along the Highway 401 Corridor in Morrisburg's Industrial Park. Flat Lot, 150' x 232.12' This property boasts two large buildings, plenty of usable space and parking.  Building one nets $21,600 yearly. 3100 sq. ft. including office, warehouse, mechanical bay. Building 2 is leased at $1500/month (month to month but would like to stay long term), 1800 sq. ft includes mezzanine office, 16' and 7' bay doors. Tenants pay all utilities. Propane heating, new Siding May 2019, Electrical 220. New metal roof being installed on Building one. Vacant possession possible. 5.8% cap rate. . (id:19716)

Business

Business Type Industrial
Business Sub Type Light industrial

Property Details

MLS® Number 1143576
Property Type Industrial
Neigbourhood Morrisburg

Building

Constructed Date 2006
Heating Fuel Natural Gas

Land

Acreage No
Size Depth 232 Ft ,1 In
Size Frontage 150 Ft
Size Irregular 150 Ft X 232.12 Ft
Size Total Text 150 Ft X 232.12 Ft
Zoning Description M2

https://www.realtor.ca/real-estate/20765447/7-prospect-road-morrisburg-morrisburg

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