348 Birchs Rd
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348 Birchs Rd
37,696 SF 100% Leased Industrial Building North Bay, ON P1A 4A9 $3,416,849 USD ($91 USD/SF)
Investment Highlights
- Located on almost 18 acres of lane
- 10 transport loading docks with levelers
- 11,000 SF of office space, 33,000SF of warehouse space
Executive Summary
This Industrial investment opportunity is ideally situated just off Highway 11 in North Bay, ON. Just south of the Highway 11/17 bypass and close to the new Cascades Casino, this site is on Birch's Rd across from the new Access Storage facility. The land and building are currently owner-occupied, with a portion of the shop and warehouse areas currently leased and having flexible Lease terms or termination options. A new owner could occupy space or expand on existing tenancies to make this a stable long-term cash flow investment in a very tight Industrial Market. The property is zoned M2 which allows for a wide range of permitted uses including all Industrial class 1 and 2 uses. Close to 18 acres of land (per MPAC), with approx. half of that being excess land for future development with multiple entrances to the property. Main building is approx. 34,400 sq.ft with over 11,000 sq.ft of well-appointed two storey office space and the remainder being a large warehouse/shop space with a total of 10 transport loading docks with levelers, 8 x 14' overhead doors, and 2 x 16' overhead doors. 12,000 sq.ft of the shop area has approx. 35' clear height and access to 10 ton crane-way. Includes steel storage building (4,150 sq.ft), secure fenced-in yard area, cross-docking and trailer storage space. Located in a strategic industrial development area, and qualifying for the City of North Bay's Growth Community Improvement Plan incentives.
Property Facts
| Price | $3,416,849 USD | Rentable Building Area | 37,696 SF |
| Price Per SF | $91 USD | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1971 |
| Property Type | Industrial | Parking Ratio | 1.59/1,000 SF |
| Building Class | C | Clear Ceiling Height | 35 FT |
| Lot Size | 18.00 AC | No. Dock-High Doors/Loading | 10 |
| Price | $3,416,849 USD |
| Price Per SF | $91 USD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 18.00 AC |
| Rentable Building Area | 37,696 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.59/1,000 SF |
| Clear Ceiling Height | 35 FT |
| No. Dock-High Doors/Loading | 10 |
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zoning
| Zoning Code | M2 (Industrial Zone) |
| M2 (Industrial Zone) |
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348 Birchs Rd
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