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    For Sale - 136 Purdy Road, Cramahe, Ontario

    Est payment $3,357/mo
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    Views   1
    Time on Jump  31 day

    AI Summary *

    • Great investment opportunity with excellent access and visibility near Highway 401.
    • Established storage facility with 31 varied units and extra commercial storage space.
    • Attractive cap rate of approximately 8.5% for potential investors and operators.
    • Zoned for a wide range of industrial uses, offering flexible business options.
    • Higher current vacancy presents a chance to lease units and boost revenue.




    An outstanding investment opportunity with excellent highway 401 access and visibility in colborne. This established storage facility features 31 storage units in a range of sizes, including units within the main building and sea-can storage units, along with additional commercial and outdoor storage space. With a projected cap rate of approximately 8. 5%, the property offers an attractive opportunity for an investor, storage operator, contractor or business owner seeking operational space combined with income potential. The property is zoned general industrial-1 (mg-1), allowing for a broad range of uses, including warehousing, outside storage, equipment sales, rental and repair, contractor or tradesperson yard and shop facilities, manufacturing, processing, assembly or fabricating, service shops, building supply operations, transportation-related uses and other permitted industrial uses. Buyers are encouraged to complete their own due diligence regarding zoning and their intended use. The current vacancy rate is higher than normal, see attached disclosure. The present vacancy should therefore not be considered representative of the property's historical or stabilized occupancy. With multiple units immediately available, a new owner has the opportunity to actively lease the vacant space, establish their own rental structure and grow revenue. Its accessible location near highway 401 makes this a versatile income-producing property with excellent potential for both investment and business use.
    Listing IDX13737922
    Address136 Purdy Road
    CityCramahe, Ontario
    Price$699,000
    StyleIndustrial
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype IndustrialCommunity Features Major HighwayHeating / Cooling Gas Forced Air ClosedSewer Septic

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    Listing Brokerage: ROYAL HERITAGE REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    136 Purdy Road
    Cramahe , Ontario
    $699,000
    Get more info