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    For Sale - 31 Clearview Drive, Tillsonburg, Ontario

    Est payment $8,158/mo
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    Views   1
    Time on Jump  168 day

    AI Summary *

    • Over $100,000 annual income with a solid tenant and strong lease.
    • Fully renovated building with modern upgrades and extensive security features.
    • Spacious 3200 sq. ft. main floor plus an additional 800 sq. ft. mezzanine.
    • Located on a large 0.54 acre lot with generous frontage.
    • Expansion potential to cover 70% of the lot area as per zoning.




    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.
    Listing IDX12463369
    Address31 Clearview Drive
    CityTillsonburg, Ontario
    Price$1,699,000
    Bath2 Full
    StyleInvestment
    Land Size0.54
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Fan Coil

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    Listing Agency:  SKYBOUND REALTY

    * 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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    31 Clearview Drive
    Tillsonburg , Ontario
    2 $1,699,000
    Get more info