130 Woodworth Av - Warehouse FOR SALE


St Thomas, ON N5P 3K1
$4,500,000 CAD
519-637-0133
130 Woodworth Av, St Thomas, ON for Sale
$4,500,000 CAD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

NEW


130 Woodworth Av
St Thomas, ON N5P 3K1


HIGHLIGHTS

  • located in the northeast portion of St. Thomas, is close to the new battery plant currently under construction
  • The entire building is fully sprinklered. The rear parking area is fenced and gated
  • There have been numerous updates and renovations to the building over the past several years
  • Please note the zoning for this property was changed in 2018 to residential; however, the current warehousing use is legal and conforming
  • New roof and lighting has been added to the property in the last few years

OVERVIEW

This immaculate warehouse property, located in the northeast portion of St. Thomas, is close to the new battery plant currently under construction and would make an ideal location for a feeder industry. The building was originally constructed in 1974, with an addition completed in 2004.The office portion of the building includes approximately 2,665 square feet, featuring a reception area, private offices, staff washrooms, a retail area, and a boardroom. The warehouse portion is approximately 31,055 square feet. The main area measures roughly 161 feet by 119 feet with a clear height of 17 to 20 feet at the center and includes one office and staff washrooms. The newer section measures approximately 59 feet by 168 feet and includes an office, storage area, a drive-in truck door, and three loading docks. The entire building is fully sprinklered. The rear parking area is fenced and gated. There have been numerous updates and renovations to the building over the past several years. Please note the zoning for this property was changed in 2018 to residential; however, the current warehousing use is legal and conforming. In consultations with the Planning Department of the City of St. Thomas, it was stated that the City is willing to work with a new owner to ensure compliance with any future use. The vendor has occupied the building since 2008 and is relocating to a new facility currently under construction. They would prefer a sale-leaseback for 2-3 years while the new facility is being completed.

FOR SALE DETAILS

PRICE

$4,500,000 CAD

PRICE/SF

$133 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-7

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis BroomeRoyal Lepage Triland Realty BrokerageMore Info
519-637-0133

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Dennis BroomeRoyal Lepage Triland Realty BrokerageMore Info
519-637-0133

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