32 Clearview Drive W Tillsonburg, Ontario N4G 4G8
$2,350,000
Excellent opportunity to own approximately 11,000 sq. ft. of industrial property with 5+ years of operation. Zoning allows for cannabis cultivation. 400 amps, 600 volts (3-Phase) electrical service. Building Size: Approximately 11,000 sq. ft.Year Built: 2021Zoning: MG - IndustrialLand Size: 0.71 acresLocation: Industrial/commercial area just off Highway 3Electrical Service: 400 Amps, 600 Volts, 3-PhaseWater Supply: Municipal water with a 1-inch service lineSewer: Connected to municipal sewer systemNatural Gas: Large natural gas service lineBuilding DimensionsMain building: 60 ft. 156 ft.Additional attached section: 35 ft. 26 ft. 14 ft.Major Renovations and Improvements: The property has undergone approximately $500,000 in renovations and improvements. At the time of purchase, the three HVAC units, each rated at 25 tons, had been removed. The seller subsequently reinstalled all three units, providing a total HVAC capacity of 75 tons. Existing Tenant and Investment PotentialMonthly Rental Income: $13,550Annual Rental Income: $162,600Remaining Lease Term: Approximately 2 yearsAsking Price: $2,350,000Approximate Gross Rental Yield: 6.92% annuallyBased on the current rental income, the property offers an approximately 7% gross annual rental yield before expenses. Vendor Take-Back (VTB) Financing: The seller is willing to provide 50% vendor take-back financing in first position, subject to mutually acceptable terms and due diligence. This financing opportunity may allow a qualified purchaser to acquire the property with reduced upfront capital requirements. A compelling opportunity for investors and owner-users seeking a modern industrial property with existing rental income, substantial improvements, and potential vendor financing. (id:43681)
商业信息
| 商业类型 | Manufacturing |
| 商业子类型 | Manufacturing |
房源概要
| MLS® Number | X14085316 |
| 房源类型 | Industrial |
| 社区名字 | Tillsonburg |
| 附近的便利设施 | Highway |
| 总车位 | 21 |
详 情
| 浴室 | 1 |
| Age | 6 To 15 Years |
| 空调 | 全物业配备空调 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 内部尺寸 | 11000 Sqft |
| 设备间 | 市政供水 |
土地
| 英亩数 | 有 |
| 土地便利设施 | Highway |
| 土地深度 | 427 Ft ,5 In |
| 土地宽度 | 75 Ft |
| 不规则大小 | 11000 |
| Size Total | 11000 Ac |
| 规划描述 | N/a |
https://www.realtor.ca/real-estate/30409768/32-clearview-drive-w-tillsonburg-tillsonburg
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Toronto Real Estate Board
Century 21 Miller Real Estate Ltd.
October 16 2026 01:36:09
