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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$699,000
Available - For Sale
Listing ID: X13737922
An outstanding investment opportunity with excellent Highway 401 access and visibility in Colborne. This established storage facility features 31 storage units in a range of sizes, including units within the main building and Sea-Can storage units, along with additional commercial and outdoor storage space.With a projected cap rate of approximately 8.5%, the property offers an attractive opportunity for an investor, storage operator, contractor or business owner seeking operational space combined with income potential.The property is zoned General Industrial-1 (MG-1), allowing for a broad range of uses, including warehousing, outside storage, equipment sales, rental and repair, contractor or tradesperson yard and shop facilities, manufacturing, processing, assembly or fabricating, service shops, building supply operations, transportation-related uses and other permitted industrial uses. Buyers are encouraged to complete their own due diligence regarding zoning and their intended use.The current vacancy rate is higher than normal, see attached disclosure. The present vacancy should therefore not be considered representative of the property's historical or stabilized occupancy.With multiple units immediately available, a new owner has the opportunity to actively lease the vacant space, establish their own rental structure and grow revenue. Its accessible location near Highway 401 makes this a versatile income-producing property with excellent potential for both investment and business use.
Price $699,000
Taxes: $4,294
Tax Type: Annual
Occupancy by: Tenant
Address: 136 Purdy Road , Cramahe, K0K 1S0, Northumberland
Postal Code: K0K 1S0
Province/State: Northumberland
Legal Description: Part Lot 32, Con 3 Cramahe being Part 4
Directions/Cross Streets: County Rd 25 & Purdy Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Free Standing
Building Percentage: T
Total Area: 25,000
Total Area Code:  Square Feet
Office/Appartment Area: 600
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway  
Business/Building Name: The Kim & Sam Storage
Financial Statement: F
Maintenance: 0
Sprinklers: No
Outside Storage: T
Rail: N
Clear Height Feet: 8
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Septic
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL HERITAGE REALTY LTD.

136 Purdy Road , Cramahe, K0K 1S0, Northumberland

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Stan Khurana
Sales Representative
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6473836000
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At a Glance:
Type: Com - Industrial
Area: Northumberland
Municipality: Cramahe
Neighbourhood: Rural Cramahe
Style:
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $4,294
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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