- MLS #10246438
Plan: 16477, Lot: 10, District Lot: 454, ODYD
Frontage: 108’2’ Depth:
- Constructed in 1976 with additions in 1979 and 1980
- Situated on 0.49 acres
- Zoned M12 light industrial
- Tenant - Remco Memorials Ltd. Current lease runs through October 14th, 2032. Carefree Triple Net Lease
- Lease review every 5 years with no reduction clause.
- Next review is September 2027
- Stabilized NOI $24,720.00 Per Annum.
- Rentable area 2800 SF.(main floor only) A second floor containing two bedrooms and a washroom are not calculated nor included in the lease income. Size 600 SF
- Front landscaping
- Site Position Mid-Block
- Rear yard graveled and fenced
- Municipal water, gas and electricity with on-site septic
The building is a poured in place, reinforced concrete slab foundation on grade.
Exposed concrete block walls with some brick accents along the main floor and vinyl siding at the second floor.
Wood truss roof with asphalt shingles.