646 CATHCART BOULEVARD
Sarnia, Ontario
MLS® 26008301
$2,399,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 26008301
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1991
1 / 40Listing description
PRIME INVESTMENT PROPERTY FOR SALE. GREAT LOCATION ON THE CORNER OF A BUSY INTERSECTION. SHOPPING IN ADJACENT PROPERTIES FEATURES NATIONAL TENANTS SUCH AS STARBUCKS, REXALL, GOODLIFE AND MORE.
PROPERTY HAS BEEN PERPETUALLY KEPT IN PRISTINE CONDITION AND HAD MANY UPGRADES INCLUDING NEW AUTOWASH. LOW MAINTENANCE CONSTRUCTION SUCH AS METAL ROOF & METAL CLADDING. INCOME IS DERIVED FROM OIL CHANGE LEASE WITH CORPORATE HEAD OFFICE.
(TENANT HAS 2 ADDITIONAL 5 YR OPTIONS). REMAINING INCOME STREAM IS DERIVED FROM A TURN-KEY CARWASH FEATURING 1 AUTOMATED WASH BAY & 4 SELF-WASH BAYS. CONVENIENT DEBIT/CREDIT CARD PAYMENT SYSTEMS.
THIS INCOME-PRODUCING PROPERTY IS VERY WELL LAYED OUT TO BE AS EFFICIENT AS POSSIBLE. CAMERAS MAKE IT EASY TO KEEP AN EYE ON THE PROPERTY REMOTELY. FINANCIALS CAN BE SUPPLIED TO QUILIFIED BUYERS.
SELLER IS A LICENSED REALTOR IN THE PROVINCE OF ONTARIO. PRICE PLUS HST.
Property summary
- MLS® number
- 26008301
- Property type
- Industrial
- Size
- 3,500 sq ft
- Title
- Freehold
- Land size
- 160.01 X 147.12 / 0.404 AC
- Built in
- 1991
- Days on market
- 161 days
Features & details
- Heating
- Radiant heat, Natural gas, Hot Water
- Flooring
- Concrete, Ceramic/Porcelain
- Lot features
- Corner Site, Visual exposure
What would this home cost you?
Based on the $2,399,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Coldwell Banker Southwest Realty, Sarnia.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.