83 College St W
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83 College St W
12,627 SF 100% Leased Industrial Building Belleville, ON K8P 2G3 $1,449,900 CAD ($115 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Proximity to major highways
- Parking
- Outside storage
Executive Summary
Amazing investment opportunity! Central Belleville location with long standing (20 year) business as a tenant. There is over 10,000+SF of space and an additional 1500 SF of storage and fully fenced yard. Landlord pays insurance, tenant pays everything else. Lease runs until March 2026. Current Tenancy has been there since 2001. List price is at a 5.5% cap.
Property Facts
| Price | $1,449,900 CAD | Lot Size | 0.68 AC |
| Price Per SF | $115 CAD | Rentable Building Area | 12,627 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.50% | Year Built | 1968 |
| Property Type | Industrial | Parking Ratio | 0.63/1,000 SF |
| Price | $1,449,900 CAD |
| Price Per SF | $115 CAD |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Industrial |
| Lot Size | 0.68 AC |
| Rentable Building Area | 12,627 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.63/1,000 SF |
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Walk Score ®
Very Walkable (71)
zoning
| Zoning Code | M1-1 |
| M1-1 |
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83 College St W
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