136 Purdy RD, Cramahe, ON K0K 1S0
136 Purdy RD, Cramahe, ON K0K 1S0
136 Purdy RD, Cramahe, ON K0K 1S0
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$699,000
Est. payment /mo
25,000 SqFt
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 25,000 sqft

Price per Sqft $27

Subdivision Rural Cramahe

MLS Listing ID X13737922

Annual Tax Amount $4,294

Tax Year 2025

Property Sub-Type Industrial

Property Description

An outstanding investment opportunity with excellent Highway 401 access and visibility in Colborne. This established storage facility features 31 storage units in a range of sizes, including units within the main building and Sea-Can storage units, along with additional commercial and outdoor storage space.With a projected cap rate of approximately 8.5%, the property offers an attractive opportunity for an investor, storage operator, contractor or business owner seeking operational space combined with income potential.The property is zoned General Industrial-1 (MG-1), allowing for a broad range of uses, including warehousing, outside storage, equipment sales, rental and repair, contractor or tradesperson yard and shop facilities, manufacturing, processing, assembly or fabricating, service shops, building supply operations, transportation-related uses and other permitted industrial uses. Buyers are encouraged to complete their own due diligence regarding zoning and their intended use.The current vacancy rate is higher than normal, see attached disclosure. The present vacancy should therefore not be considered representative of the property's historical or stabilized occupancy.With multiple units immediately available, a new owner has the opportunity to actively lease the vacant space, establish their own rental structure and grow revenue. Its accessible location near Highway 401 makes this a versatile income-producing property with excellent potential for both investment and business use.

Location

Province ON

County Northumberland

Area Northumberland

Zoning MG-1

Interior

Cooling No

Inclusions Fride, stove, washer, dryer, window air conditioner

Exterior

Parking Features None

Community Features Major Highway

Utilities Available Yes

Building

Lot Description Lot


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136 Purdy RD