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113 William Henderson Dr

2,400 SF Industrial Condo Unit Offered at $435,270 USD in Bath, ON K0H 1G0

INVESTMENT HIGHLIGHTS

  • Two industrial condos for sale for a total of 679,000
  • Owner "National Small Engines Ltd." is prepared to sign a 2 year lease and remain as a tenant
  • Nearby Foodland and Shoppers Drug Mart
  • Zoning permits a variety of uses including warehousing, printing, laboratory, and research facilities
  • Ideally situated between Toronto, Ottawa, and Montreal, with close access to the US border
  • 100 amp, 220 volt

EXECUTIVE SUMMARY

Zoning is M1-15 (light industrial), which permits a variety of uses including warehousing, printing establishment, laboratory and research facilities, business/professional or administrative offices, and motor vehicle repair garage. 4 Industrial condos in this property.

PROPERTY FACTS

Price $435,270 USD
Unit Size 2,400 SF
No. Units 1
Total Building Size 4,800 SF
Property Type Industrial (Condo)
Property Subtype
Warehouse
  • FlexLight Distribution
Sale Type Investment
Building Class C
Floors 1
Typical Floor Size 4,800 SF
Year Built 1980
Lot Size 0.91 AC
Parking Ratio 4.79/1,000 SF

1 UNIT AVAILABLE

Unit 1 & 2

Unit Size 2,400 SF
Price $435,270 USD
Price Per SF $181.36 USD
Condo Use Industrial
Sale Type Investment
DESCRIPTION

Two 1200 sf condo units in the Loyalist Industrial Park. The property has easy access, legal side and rear compound, ample paved parking, and being only about 5 years old, very little maintenance. Both units have a handicap 2 piece bathroom and unit #2 has a 395 sf mezzanine for an office and storage. Ceiling height is 14'3 to drywalled ceiling and mezzanine at 7'3 ceiling height. Both units have a powered overhead drive-in 12' x 12' door, front and rear 36 man-doors and an adjoining man-door.

SALE NOTES

Two 1200 sf condo units in the Loyalist Industrial Park. Opportunity is available for ownership of these condos with the current Owner, National Small Engines, to sign back a fully NET lease for a two year term. The rent is to be $12 fully net or $2400/month + HST + Tenant paying all realty taxes, insurance, condo fees and utilities. When lease expires, imagine the flexibility to occupy or again lease to others. The property has easy access, legal side and rear compound, ample paved parking, and being only about 5 years old, very little maintenance. Both units have a handicap 2 piece bathroom and unit #2 has a 395 sf mezzanine for an office and storage. Ceiling height is 14'3 to drywalled ceiling and mezzanine at 7'3 ceiling height. Both units have a powered overhead drive-in 12' x 12' door, front and rear 36 man-doors and an adjoining man-door.

Interior Photo
Interior Photo
Floor Plan
View Photo Interior Photo
View Photo Interior Photo
View Photo Floor Plan

AMENITIES

  • Fiber Optic Internet

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

ZONING

Zoning Code M1-15 (Light Industrial)
M1-15 (Light Industrial)
  • Listing ID: 33352913

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 113 William Henderson Dr, Bath, ON K0H 1G0

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