113 William Henderson Dr - Warehouse CONDO FOR SALE


Bath, ON K0H 1G0
$660,000 CAD
613-544-4141
113 William Henderson Dr, Bath, ON for Sale
$660,000 CAD
Warehouse CONDO - FOR SALE
1/2
null | Request Cap Rate

113 William Henderson Dr
Bath, ON K0H 1G0


HIGHLIGHTS

  • Two 1,200 sq. ft. industrial condo units in Loyalist Industrial Park, built approximately five years ago with low maintenance requirements.
  • Current owner willing to sign a two-year fully net lease at $12/sq. ft. ($2,400/month), with tenant covering taxes, insurance, condo fees, and utility
  • Each unit includes a 2-piece accessible washroom, with Unit #2 featuring a 395 sq. ft. mezzanine for office or storage use.
  • Property includes 14'3" ceiling height, powered 12' x 12' drive-in doors, front and rear man-doors, and a legal side and rear compound with ample park

OVERVIEW

This opportunity features two 1,200 sq. ft. condo units located in the Loyalist Industrial Park, offering excellent accessibility, a legal side and rear compound, and ample paved parking. The property is approximately five years old, requiring minimal maintenance. A unique investment option is available, with the current owner, National Small Engines, prepared to sign back a fully net lease for a two-year term at $12 per sq. ft., equating to $2,400 per month plus HST. Under this arrangement, the tenant would be responsible for all realty taxes, insurance, condo fees, and utilities. Upon lease expiry, the property offers flexibility for owner-occupancy or continued leasing. Each unit includes a 2-piece accessible washroom, and Unit #2 features a 395 sq. ft. mezzanine suitable for office use or storage. Interior ceiling height reaches 14'3" to the drywalled ceiling, with the mezzanine at 7'3". Both units are equipped with powered 12' x 12' overhead drive-in doors, front and rear 36" man-doors, and an adjoining interior man-door for convenient access between units.

FOR SALE DETAILS

PRICE

$660,000 CAD

PRICE/SF

$275 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

4,800 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,623 SF

ZONING

M1-15

APN/PARCEL ID

110401008009223,110401008009224

ASK ABOUT THIS PROPERTY

Stacey MacdonaldRoyal LePage ProAlliance RealtyMore Info
613-544-4141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Stacey MacdonaldRoyal LePage ProAlliance RealtyMore Info
613-544-4141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.