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24-26 Blackadder Drive Cornwall, Ontario K6H 3H2

Acreage

$1,000,000

INVESTMENT OPPORTUNITY! 10,000 sq.ft fully leased multi-tenanted investment property with solid existing tenant leases in place. This building is located in Cornwall's West End light manufacturing /industrial park with full municipal services, lots of onsite parking with 1 doc level door and 4 other drive-in garage doors. Asking price based on a 5.45% capitalization rate established with existing I/E statement information provided by the seller. Mostly long term solid tenants. Looking for an easy to maintain investment property priced at $100/sq.ft. based on 10,000 sq.ft. and situated on 1.64 acres of land. NOTE: Owner installed an new flat roofing systems within the last 4-5 years and has a Phase II Environmental Assessment available that was completed in 2019 for this property. Offers to be presented at 11:59am Tuesday November 23rd, 2021, however the Seller(s) reserves the right to review and may accept pre-emptive offers (id:37229)

Business

Business Type Industrial
Business Sub Type Light industrial

Property Details

MLS® Number 1270600
Property Type Industrial
Neigbourhood Cornwall Westend Industrial
Parking Space Total 15

Building

Constructed Date 1960
Fireplace Present No
Heating Fuel Natural Gas
Utility Power Three Phase

Land

Acreage Yes
Size Depth 330 Ft
Size Frontage 219 Ft
Size Irregular 1.65
Size Total 1.65 Ac
Size Total Text 1.65 Ac
Zoning Description Manufacturing

https://www.realtor.ca/real-estate/23823121/24-26-blackadder-drive-cornwall-cornwall-westend-industrial

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