Price ChangeFor Sale

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

Investment
TRREB
MLS® Number: W10430840
$12,990,000List Price
InvestmentProperty Type
32,500 sq ftSize
$77,178.64 / 2024Taxes (Annual)
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PRICE CHANGED
$12,990,000
Previously Listed For:
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Listing History

Buy/sell history for 604 Mcgeachie Drive S, Milton, ON L9T 3Y5

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Description

MODERN INDUSTRIAL MANUFACTURING FACTORY / Solid / secure Investment for the future.. Excellent opportunity to acquire Industrial building with diverse manufacturing capabilities already installed. Net Leased Industrial building.Substantial investment in building infrastructure. Has a Five year net lease with 18 months remaining. Solid Covenant. Tenant is Axalta Coating Systems. Premier global manufacturer of automotive refinishing and repair products (Automotive paints).. Headquartered in Philadelphia with 2023 sales of 5.5 Billion. 12,700 employees worldwide. Numerous expensive internal improvements made to building to permit manufacture and distribution of industrial automotive coatings. Zoning M-2. 1200 amp /600 volt electrical system..Roof upgraded in 2024. Current Clean Environmental Report available. Replacement cost of building with manufacturing improvements in place far greater than current list price of building. Great upside for future lease rates. A smart investment for the future. Difficult and expensive to duplicate today in close proximity to 400 series highways and experienced labor pool.

Features

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Amenities

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Summary

Tax (Annual):$77,178.64 / 2024
Listing #:W10430840
Property Type:Investment
Size:32,500 sq ft
Land Size:271.02 x 327.52
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:32,500 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

Land

Cross Street:Harrop Dr. And Mcgeachie Dr,

$12,990,000

List price

604 Mcgeachie Drive S, Milton – Investment for sale · MLS® # W10430840 | CPRB