7 Prospect Road, Morrisburg

$479,000

0 Beds
0 Baths
150 ft X 232.12 ft
0 Garages

Investment Opportunity! Perfectly located M2 Industrial Commercial property situated along the Highway 401 Corridor in Morrisburg's Industrial Park. Flat Lot, 150' x 232.12' This property boasts two large buildings, plenty of usable space and parking. Previously leased to lawyer office, construction company and mechanic. Building 1 is leased (2 year lease), yearly net income $20,400. Building 2 is leased month to month at $1500 per month. Vacant possession possible. 3-phase electrical, Propane heating, new Siding May 2019. 48 hours notice for showings. 7% cap rate. (id:6289)

Essential Information
Listing #1143576
Price$479,000
Bathrooms0.00
Year Built2006
TypeIndustrial
Sub-TypeFreehold
Community Information
Address7 Prospect Road
SubdivisionMorrisburg
CityMorrisburg
StateOntario
Zip CodeK0C1X0
Exterior
Lot Description150 ft X 232.12 ft
Listing Details
OfficeDETAILS REALTY INC.
Property History
Price Reduced from $500,000 to $479,000
Price Reduced from $550,000 to $500,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 7 Prospect Road, Morrisburg, Ontario

Photo of Listing #1178193

4345 Northfield Road, South Stormont

$499,999

MLS® # 1178193

DETAILS REALTY INC.