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469 Kingston Rd

5,890 SF Industrial Building Pickering, ON L1V 1A5 $2,043,035 USD ($347 USD/SF)

Investment Highlights

  • Located in the city Intensification plan area, located just off hwy 401,

Executive Summary

Fantastic Opportunity for Developers, Investors, & End-User looking for rapid equity growth!
*About the building: Owner-occupied 40+ years; operating flooring business, re-built in 1987, one floor / brick exterior / flat roof (10 years old) exterior height 15.5ft; interior clearance 12ft, one drive-in door, currently 5890 sqft floor space; office space is approximately 8% of total space. Move-In ready! Well maintained solid stand-alone building. Currently occupied with Vacant Possession Optional
**Future Opportunity Influencing the Property: Kingston Road Corridor Intensification Plan which is an Official Plan Amendment to encourage intensification and a mix of uses along Kingston Rd (Info Package includes Future Potential low-midrise mixed use Development Concept). ?? PLEASE SEE FULL PROPERTY DETAILS AND OPPORTUNITY PACKAGE BY CLICKING THE URL LINK BELOW

Property Facts

Price $2,043,035 USD
Price Per SF $347 USD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • General Retail Freestanding
Building Class C
Lot Size 0.38 AC
Rentable Building Area 5,890 SF
No. Stories 1
Year Built 1987
Tenancy Single
Parking Ratio 1.7/1,000 SF
Clear Ceiling Height 12 FT 3 IN
No. Drive In / Grade-Level Doors 1

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code M1-8/SC10 (under Parent Zoning By-law 3036 as amended by by-law 2499/87; Current Permitted Uses: light manufacturing and warehouse, home improvement centre.)
M1-8/SC10 (under Parent Zoning By-law 3036 as amended by by-law 2499/87; Current Permitted Uses: light manufacturing and warehouse, home improvement centre.)
  • Listing ID: 31667435

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 469 Kingston Rd, Pickering, ON L1V 1A5

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