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83 College St W

12,627 SF 100% Leased Industrial Building Belleville, ON K8P 2G3 $1,019,620 USD ($81 USD/SF) 5.50% Cap Rate

Investment Highlights

  • Proximity to major highways
  • Parking
  • Outside storage

Executive Summary

Amazing investment opportunity! Central Belleville location with long standing (20 year) business as a tenant. There is over 10,000+SF of space and an additional 1500 SF of storage and fully fenced yard. Landlord pays insurance, tenant pays everything else. Lease runs until March 2026. Current Tenancy has been there since 2001. List price is at a 5.5% cap.

Property Facts

Price $1,019,620 USD
Price Per SF $81 USD
Sale Type Investment
Cap Rate 5.50%
Property Type Industrial
Lot Size 0.68 AC
Rentable Building Area 12,627 SF
No. Stories 1
Year Built 1968
Parking Ratio 0.63/1,000 SF
Walk Score ®
Very Walkable (71)
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 M1-1
M1-1
  • Listing ID: 32557355

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 83 College St W, Belleville, ON K8P 2G3

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