London, ON N5W2S6,675 YORK STREET
London, ON N5W2S6,675 YORK STREET
London, ON N5W2S6,675 YORK STREET
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$4,500,000
Est. payment /mo
36,389 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 36,389 sqft

Price per Sqft $123

Subdivision East L

MLS® Listing ID X8382380

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or\r\nowner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre\r\nfenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a\r\nmajor telecom carrier providing bonus income through a Managed Services Agreement. With conservative\r\nassumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof\r\nover part of the building, 2 industrial generators costing over $1M, completely upgraded building\r\ncontrols, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority\r\nhaving an 18'6"" clear height. Full data room access is available upon the completion of a\r\nconfidentiality agreement. (id:24570)

Location

Province ON

Exterior

Garage No

Fence Fenced yard

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer


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Mark Belanger

+1(613) 302-6869

Agent | License ID: 5044631

Agent License ID: 5044631

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