15
See all 15 photos
$2,920,000
Est. payment /mo
24,863 SqFt
Active
68 Spruce ST Oxford, ON N4G 5V3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
First Fully Rewarding Licensed Brokerage | Proudly Canadian
PiToPi
admin@pitopi.com +1(416) 300-8540UPDATED:
11/21/2024 07:05 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 24,863 sqft
Price per Sqft $117
MLS Listing ID X10440651
Annual Tax Amount $29,800
Tax Year 2023
Property Description
24,863 SF industrial facility on a 1.5-acre lot. Located in Tillsonburg, a town 50 KM's southeast of London, the Property is equipped with 2 shipping doors, two heavy-duty cranes, and 16 foot clear heights. Upon closing, the owner, J/E Bearing & Machine who has occupied the premises since 1988, will enter into a 5-year leaseback of the grounds and building. The leaseback is proposed to begin at a net rental rate of $8.50 psf with built-in escalations and an additional 5-year renewal option.
Location
Province ON
County Oxford
Area Oxford
Zoning MG
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 199.12
Lot Depth 300.85
Others
Security Features Yes
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
First Fully Rewarding Licensed Brokerage | Proudly Canadian
Managing Broker
+1(416) 300-8540 | admin@pitopi.com