31 Clearview Drive
Tillsonburg, N4G 4H3
FOR SALE
$1,699,000

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Investment
CATEGORY4,000 Sq Ft
TOTAL AREAX12463369
MLSIDContact Us
Property Description
Carefree Investment Offering Over $100,000 Triple Net Income "Per Year" (Approx. 6.0% CAP Rate) For The Next 4 Years Plus A 5 Year Option. Strong Tenant W/ Multiple Locations Secures A Piece Of Mind Investment Property To Start Or Add To Any Real Estate Portfolio. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Advanced Security System With Multiple Camaras Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. 3200 Sq. Ft. Facility on Main Floor Plus 800 Sq. Ft. Mezzanine Offering; Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. No Expense Was Spared Building This State Of The Art Health Canada Approved Facility. Situated On A 0.54 Acre Fully Serviced Reverse Pie Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Building Can Also Be Expanded To Cover 70% Of Lot Area As Per Zoning.
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Property Details
Address
31 Clearview Drive
Community
City
Postal Code
N4G 4H3
Property Type
Investment, Investment
Use
Industrial
Zoning
MG (General Industrial)
Lot Size
180' x 321'
Total Area
4,000 Sq Ft
Office Area
800 Sq Ft
Industrial Area
3,200 Sq Ft
Acreage
0.5 Feet
Taxes
$4,973 (2025
Heat Type
Fan Coil
Water
Municipal
Garage Type
None
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Listing contracted with Skybound Realty
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