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Listed by:

Coldwell Banker Southwest Realty Commercial

Industrial Bldg Lease In Petrolia For Sale

Petrolia, Ontario, Canada
Freehold Price:
$3,400,000 (CAD)
Lease Asking Price:
$347,500 (CAD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

The building is 50,829 sq. ft. and located on 14.4 acres in an industrial park area in Petrolia (Sarnia-Lambton) with frontage on Centre Street and Discovery Line. The property is 10 minutes from Highway 402, offering quick westbound access to Michigan and eastbound access to London/Toronto. The interior of the property was recently painted, and new laydown outside storage areas have been developed.

The building is partly leased on a month-to-month basis, with additional rent from exterior storage and rooftop solar. M1 zoning allows for many industrial and commercial uses. The exterior walls were recladded, insulated, and a new steel roof was installed 10 years ago. Ceilings: 14” to 20’.

The building is of masonry construction. There are three gated entrances to the property and five loading bays, offering excellent traffic management. There are six offices and large lunch and conference rooms. A great property for a transportation/distribution center or for a manufacturing end user. Other documentation is available with a signed non-disclosure agreement. Leasing from $5.00 per sq.ft.

Property Information

Real Estate:

Available as lease or with real property included

Lease Rent:
$254,145 (CAD) per sq ft per annum
Location:

260 Centre Street Petrolia, (Sarnia-Lambton)

Premises Details:

50,000 sq.ft of space. Building is interlinked but different sections maybe rented 10,500 sqft., 24,000 sqft. 9,000 sqft. There are five offices, a large kitchen and conference room. Over the past two years the whole building (industrial and office areas) has been painted.

Size in square feet:
50,829

Business Operation

Expansion Potential:

Large 14 acre site offer building potential and lots of laydown areas for rented storage

Other Information

Lease asking price:
$347,500 (CAD)

Listed by

Coldwell Banker Southwest Realty Commercial