866 Phillip
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$1,999,900

866 Phillip

Sarnia, Ontario, N7T1Z6

Active
16,000
Sq Ft
0.8
Lot (sqft)

About This Property

This industrial in Sarnia offers 16,000 sq ft of living space on a 0.8 sq ft lot. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

AN EXCEPTIONAL INVESTMENT OPPORTUNITY TO ACQUIRE A CLEAN & WELL MAINTAINED 16,000 SQ FT COMMERCIAL / INDUSTRIAL PLAZA, SITUATED ON A SPACIOUS 0.8 ACRE LOT IN ONE OF SARNIA'S BUSY & PRIME INDUSTRIAL AREAS LOCATED OFF CONFEDERATION STREET. THE PLAZA CONTAINS 85% INDUSTRIAL WAREHOUSE WITH 15% OFFICE SPACE AND CEILING HEIGHT OF 16 FEET. ALL FULLY TENANTED OCCUPIED UNITS WITH EACH HAVING A GRADE LEVEL OVERHEAD BAY DOOR & SEPARATELY METERED. THE PLAZA CONSISTS OF LONG TERM TENANTS IN THE: COATINGS, ELECTRICAL, GAS & CONSTRUCTION SECTORS. RECENT UPGRADES INCLUDE: ALL NEW EXTERIOR SIDING & FASCIA, SEPARATED ELECTRICAL UNIT UPGRADES, LED LIGHTING, CONCRETE, WAREHOUSE HEATERS, INSTALLATION OF LIGHTING OUTDOOR PARKING LOT & SECURITY CAMERAS. CONVENIENT ON SITE PAVED PARKING LOT & NEARBY ACCESS TO THE CHEMICAL VALLEY & HWY. 402. WITH A FAVOURABLE (IL-1) LIGHT INDUSTRIAL ZONING ENSURES THAT THIS PROPERTY REPRESENTS A COMPELLING INVESTMENT OPPORTUNITY FOR THOSE LOOKING TO EXPAND THEIR PORTFOLIO. (id:60351)

Overview

Property Typeresidential
Sub-Typeindustrial
StatusActive
MLS #X12740686

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Fees & Taxes

Annual Taxes$28,502.73

Listing Information

MLS#: X12740686


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$399,980
5%20%50%
Estimated Monthly Payment
$8,893
/month
Mortgage
$1,599,920
Total Interest
$1,067,942

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$36,473
Total Due on Closing$36,473

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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866 Phillip Sarnia — $1,999,900 — Not A Dream Realty | Not A Dream Realty