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350 Lake Rd 1.5 Acres of Commercial Land Offered at $1,700,000 CAD in Bowmanville, ON L1C 4P8
INVESTMENT HIGHLIGHTS
- Location /Improvements/ Income /access/ see description
EXECUTIVE SUMMARY
Your opportunity to acquire an A+ industrial location! Perfect for end-users or investors. Dual frontage corner lot, fully serviced, and improved, flexible zoning uses, and tenanted by a major company: Triple Net lease with $63,000 NOI annually and 5% ANNUAL ESCALATIONS! CLEAN ENV. REPORT COMPLETED. DD documents available with request & CA. Smaller lots like this hard to find! Great change for affordable building up to 60% coverage ration (+/- 39k sq. ft.) Collect rent + get approvals - and benefit from this great location minutes from Hwy 401. Future 401 interchange planned only 0.50 km away! Bowmanville is experiencing fantastic growth at the center of the Municipality of Clarington. **** EXTRAS **** Existing 600 sq. ft. trailer on-site in excellent condition and included.
PROPERTY FACTS
| Price | $1,700,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Property Type | Land | ||
| Zoning | M1-7 - Light Industrial...wide variety of uses permitted 60% coverage .Industrial condos ?? small 35k sf building ?? fully serviced !! Clean // | ||
| Price | $1,700,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 1.50 AC |
| Zoning | M1-7 - Light Industrial...wide variety of uses permitted 60% coverage .Industrial condos ?? small 35k sf building ?? fully serviced !! Clean // |
1 LOT AVAILABLE
Lot
| Price | $1,700,000 CAD | Lot Size | 1.50 AC |
| Price Per AC | $1,133,333.33 CAD |
| Price | $1,700,000 CAD |
| Price Per AC | $1,133,333.33 CAD |
| Lot Size | 1.50 AC |
corner lot /2 frontages 2 entrance's .....prime access to 401 highway ..fully serviced...level /graded /gravelled/fenced 1.5 ACRES
DESCRIPTION
corner lot 2 entrance's compacted gravel yard fenced ...tenant income @ 63.500 triple net with5% annual increase ...ideal for industrial condos? rentals ? or small 35k SF industrial building....dream deal for user looking to get quick site plan approval
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350 Lake Rd
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