London, ON N5W2S6 675 YORK STREET
$4,500,000
11 more
Presented By: PRIME REAL ESTATE BROKERAGE
Home Details
Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or\r\nowner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre\r\nfenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a\r\nmajor telecom carrier providing bonus income through a Managed Services Agreement. With conservative\r\nassumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof\r\nover part of the building, 2 industrial generators costing over $1M, completely upgraded building\r\ncontrols, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority\r\nhaving an 18'6"" clear height. Full data room access is available upon the completion of a\r\nconfidentiality agreement. (id:7434)
Presented By: PRIME REAL ESTATE BROKERAGE
Interior Features for 675 YORK STREET
Other Interior Features
Basement TypePartial
Building Fireplace PresentFalse
General for 675 YORK STREET
AmenitiesPublic Transit, Hospital
CommunityNameEast L
Foundation TypePoured Concrete
Location DescriptionProperty is on the\r\nSouth side of the\r\nstreet across from\r\nSt. Mary's Parish.
Property TypeBusiness
Zoning DescriptionRSC2 RSC4(26) RSC5
Exterior for 675 YORK STREET
Exterior FinishConcrete, Steel
Fence TypeFenced yard
Land Amenities Public Transit, Hospital
SewerSanitary sewer
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty