Price ChangeFor Sale

624 Mcgeachie Drive S
Milton, Halton, ON, L9T 3Y5

Investment
TRREB
MLS® Number: W10430829
$12,990,000List Price
InvestmentProperty Type
30,500 sq ftSize
$60,381.71 / 2024Taxes (Annual)
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PRICE CHANGED
$12,990,000
Previously Listed For:
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Listing History

Buy/sell history for 624 Mcgeachie Drive S, Milton, ON L9T 3Y5

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Description

MODERN MANUFACTURING PLANT Solid investment for the future .Fully fixtured industrial building with diverse manufacturing capabilities already installed. Net Leased industrial building.Currently Fully outfitted for manufacture and distribution of automotive refinishing and and repair products (Paints). Zoning conforms. Tenant is Axalta Coating Systems, a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 18 months remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available .Replacement cost of building far greater than list price. This highly desirable Location with M-2 zoning very difficult to replace. Close to 400 series roads and skilled labor pool. Great secure investment for the future. Company also as similar industrial plant in Michigan USA.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$60,381.71 / 2024
Listing #:W10430829
Property Type:Investment
Size:30,500 sq ft
Land Size:211.7 x 332.81
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:NUCORP REALTY LTD.

Rooms

Details

Property

Property Type:Investment
Community:1034 - MN Milton North
Municipality:Halton

Building

Size:30,500 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm

Land

Cross Street:Harrop Rd. And Mcgeachie Dr.

$12,990,000

List price

624 Mcgeachie Drive S, Milton – Investment for sale · MLS® # W10430829 | CPRB