2942 Thompson Avenue, West Lincoln, Ontario L0R 2A0

Listed for:
$6,490,000
0 beds
0 baths
Listed 208 days ago
2942 Thompson Avenue, West Lincoln, Ontario L0R 2A0

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Listing provided by:
COLDWELL BANKER INTEGRITY REAL ESTATE INC.
MLS® number:
X7240072
Agent:
John R Whittaker
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About

4 acres of prime industrial fully serviced land with 2 existing buildings in the Industrial area in Smithville 15 mins from the QEW. Building # 1 of 6501 sq ft . Office space on two floors 2 full size drive through truck bays including one with a drive over mechanical pit, and a third drive in bay dedicated to truck & trailer washing. currently leased short term. Building #2 is 5,000 sq ft and currently leased to 2 tenants with room for a third. Keep the existing Tenants for income or use the building for your own needs. Phase 1 & 2 Environmental reports available Zoning allows many different uses in a central location close to major highways (id:27476)

Property Highlights

Type
Cooling type
Partially air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Located in the Industrial area of Smithville, this property offers 4 acres of fully serviced land, making it an ideal location for industrial purposes. Situated just 15 minutes from the QEW, the property features two existing buildings, making it a valuable investment.

The first building, spanning 6501 sq ft, is currently home to a trucking business specializing in the wine industry. The business, which is also available for sale, has shown promising potential for growth. The building includes office space on two floors, as well as two full-size drive-through truck bays, one of which features a drive-over mechanical pit. Additionally, there is a third drive-in bay dedicated to truck and trailer washing.

The second building, covering 5,000 sq ft, is currently leased to two tenants, with space available for a third. This provides the option to retain the existing tenants for rental income or repurpose the building to suit the buyer's specific needs.

With the completion of a Phase 2 Environmental assessment, the property is ready for sale, offering the flexibility to either keep the existing tenants for income or utilize the space for the buyer's own operations. The property's zoning permits a wide range of uses and its central location provides easy access to major highways.

Furthermore, the property's prime location in West Lincoln, Ontario, and its cooling type of partially air conditioned, along with its heating type of radiant heat, make it an attractive and versatile investment opportunity. Don't miss the chance to acquire this valuable industrial property with great potential for growth and development.