$ 4,500,000
675 YORK ST London, ON N5W 2S6
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 4,500,000
Est. payment /mo
Active
675 YORK ST London, ON N5W 2S6
36,389 SqFt
UPDATED:
09/13/2024 06:29 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 36,389 sqft
Price per Sqft $123
MLS Listing ID X8382380
Annual Tax Amount $37,637
Tax Year 2023
Lot Size 2.000 Acres
Property Description
Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or
owner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre
fenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a
major telecom carrier providing bonus income through a Managed Services Agreement. With conservative
assumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof
over part of the building, 2 industrial generators costing over $1M, completely upgraded building
controls, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority
having an 18'6" clear height. Full data room access is available upon the completion of a
confidentiality agreement.
owner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre
fenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a
major telecom carrier providing bonus income through a Managed Services Agreement. With conservative
assumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof
over part of the building, 2 industrial generators costing over $1M, completely upgraded building
controls, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority
having an 18'6" clear height. Full data room access is available upon the completion of a
confidentiality agreement.
Location
State ON
County Middlesex
Zoning RSC2 RSC4(26) RSC5
Rooms
Family Room No
Basement Partial Basement
Kitchen 0
Interior
Cooling Unknown
Exterior
Garage Other, Other, Other
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Unknown
Parking Type None
Building
Foundation Poured Concrete
Others
Security Features Other,Alarm System,Carbon Monoxide Detectors,Other,Security System
Listed by PRIME REAL ESTATE BROKERAGE