2
See all 2 photos
$3,500,000
Est. payment /mo
6,000 SqFt
Active
4430 HARVESTER Road Burlington, ON L7L 4X2
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Key Details
Property Type Other Types
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5001 to 6000
Square Footage 6,000 sqft
Price per Sqft $583
MLS Listing ID H4177457
Property Sub-Type Industrial
Property 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.
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.
Location
State ON
County Halton
Direction south side of Harvester Road Just west of Appleby Line.
Interior
Heating Gas Forced Air Open
Exterior
Garage Spaces 15.0
Utilities Available Yes
Waterfront Description None
Present Use TRANSPORTATION
Lot Frontage 100.21
Lot Depth 302.68
Total Parking Spaces 15
Building
Sewer Sanitary & Storm
Water Municipal
Others
SqFt Source LBO provided
Listed by Martel Commercial Realty Inc.