$3,500,000
( $583.33Per Sq Foot )
 $18,789 est/mo Sourced by Back At You

4430 Harvester Road , Burlington, ON L7L 4X2

Burlington, ON L7L 4X2

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Description

GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise owner occupied October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. They also have an option to renew for one three year term at negotiated rates. Neither Tenant has use of the rear yard. Total present net income for 2024 is $145,800.00. A purchaser could purchase this property now and have the income and build approximately another 6,000.00 square feet onto this building now or in the future for self use or additional income. Presently the rear yard does not have an income but can be easily leased out for additional income as well. Zoning is the best industrial zoned land allowing automotive sales and repair, manufacturing, service commercial uses.

Details

MLS#H4177457
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site313
Listing Provided ByMartel Commercial Realty Inc. | Scott Overell

Features

SQ Feet6,000
Units2
ZoningGE-1
Acreage0.70
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.

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Listings Checked: 1 hour ago
ProvinceON
CountyHalton
CityBurlington
Postal CodeL7L 4X2
AreaLongmoor
Community NameLongmoor
Listing VS Median (in Longmoor)
Price:
$3,500,000
low | high
Med:
$243,188
100% of Average
SqFt:
6,000
low | high
Med:
701
100% of Average
$ / SqFt:
$583
low | high
Med:
$347
90.528836356226% of Average
On Site:
313
low | high
Med:
39.500000
100% of Average
Sourced by Back At You
Listing Updated: October 3, 2024 at 4:53:38 PM PDT