675 York Street, London
675 York Street, London
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16 Photos
- Living area: 36389 sqft
- MLS®: 40586879
- Type: Commercial
- Added: 12 days ago
Property Details
Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or owner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre fenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a major telecom carrier providing bonus income through a Managed Services Agreement. With conservative assumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof over part of the building, 2 industrial generators costing over $1M, completely upgraded building controls, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority having an 18'6 clear height. Full data room access is available upon the completion of a confidentiality agreement. (id:1945)
Property Information
- Sewer: Municipal sewage system
- List AOR: London and St. Thomas
- Stories: 2
- Basement: Partial
- Utilities: Natural Gas, Electricity, Telephone
- Directions: Property is on the South side of the street across from St. Mary's Parish.
- Living Area: 36389
- Lot Features: Visual exposure, Paved driveway
- Photos Count: 16
- Water Source: Municipal water
- Lot Size Units: acres
- Common Interest: Freehold
- Subdivision Name: East L
- Tax Annual Amount: 37637.57
- Exterior Features: Concrete, Brick, Metal
- Security Features: Alarm system, Security system, Unknown
- Building Area Total: 36389
- Community Features: High Traffic Area
- Foundation Details: Poured Concrete
- Lot Size Dimensions: 2.004
- Zoning Description: RSC2 RSC4(26) RSC5
- Construction Materials: Concrete block, Concrete Walls
- Map Coordinate Verified YN: true
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