Property Details

264-270 TECUMSEH Street, Sarnia, Ontario

264-270 TECUMSEH Street, Sarnia, Ontario (ID 23014764)
Listing Representative

$1,925,000 - For Sale

ID#:23014764

100% FULLY LEASED INVESTMENT PROPERTY! EXCELLENT 4 BAY BUILDING IN 'SARNIA'S INDUSTRIAL AREA"- WORLD SCALE IMPERIAL OIL REFINERY IS AT THE END OF THE STREET. 4 EXCELLENT NEW TENANTS NOW OCCUPY THESE IDEAL SHOP & OFFICE/WAREHOUSE UNITS. EACH OF THE UNITS ARE 3000 SQ.FT. (4 UNITS TOTAL 12,000 SQ.FT). 3 & 5 YR. TRIPLE NET LEASES. 4 DRIVE-IN OVERHEAD DOORS 12' X 10'. CONVENIENT LOCATION ADJACENT TO SARNIA'S MAJOR PLANTS & REFINERIES. OFFICE AREAS & PRIVATE WASHROOMS IN EACH UNIT. EACH UNIT RENOVATED TO SUITE TENANT. AMPLE FRONT PARKING, PLUS NEW GRAVEL STORAGE AREA BEHIND BUILDING FOR EACH UNIT. SOLID, CLEAN BUILDING & PROPERTY. PROPERTY GENERATES APPROX. $120K AVG NET RENT YEARLY OVER THE NEXT 3 YEARS. SOLID INCOME AT 6.2% CAP WITH 3 YR AVG RENTS. OWNER IS A LICENSED REAL ESTATE AGENT IN THE PROVINCE OF ONTARIO.

Property Details
  • Property Address:264-270 TECUMSEH Street, Sarnia, Ontario
  • Property Type:Commercial
  • Lot Size:0.5 - 0.99 Acres
  • Acreage:0.5 - 0.99 Acres
  • Sewage Type:Sanitary
  • Water Type:Municipal
  • Taxes:$17,417 (2022)
Structure Details for 264-270 TECUMSEH Street, Sarnia, Ontario
  • Building Age:Unknown
  • Sqft Above Grade:12000 SqFt
  • Floor Space:12000 SqFt
  • Heating Type:Furnace, Natural Gas, Unit Heater
  • Flooring:Concrete
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264-270 TECUMSEH Street, Sarnia, Ontario

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