ON > Lambton Shores > Thedford
Lambton Shores, ON N0M 2N0,140 ELIZABETH ST
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Lambton Shores, ON N0M 2N0,140 ELIZABETH ST
Lambton Shores, ON N0M 2N0,140 ELIZABETH ST
Lambton Shores, ON N0M 2N0,140 ELIZABETH ST
Lambton Shores, ON N0M 2N0,140 ELIZABETH ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,579,000
Est. payment /mo
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Price Dropped by $371K

140 ELIZABETH ST Lambton Shores, ON N0M 2N0

50,001 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 50,001 sqft

Price per Sqft $51

Subdivision Thedford

MLS Listing ID X9348765

Annual Tax Amount $6,602

Tax Year 2023

Property Sub-Type Industrial

Lot Depth 559.0

Lot Front 544.0

Property Description

100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 9.5% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402.

Location

Province ON

County Lambton

Community Thedford

Area Lambton

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 544.0

Lot Depth 559.0

Building

New Construction false

Others

Security Features No

Virtual Tour https://vimeo.com/855588243?share=copy

Listed by STREETCITY REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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140 ELIZABETH ST

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