143 Dennis St - Distribution FOR SALE


Rockwood, ON N0B 2K0
$2,695,000 CAD
519-340-2311

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$2,695,000 CAD
Distribution - FOR SALE
null | Request Cap Rate

143 Dennis St
Rockwood, ON N0B 2K0


OVERVIEW

This flex-industrial building offers a rare opportunity to acquire two industrial assets located in Rockwood, ON. The property offers excellent vehicle access and visibility from Main Street. The rear building is approx. 7,635 sq. ft. open span Butler building with a large drive-in door and ±5,800 sq. ft. fenced storage yard beside it. The other building is approx. 12,762 sq. ft. with a vacant unit of approx. 4,389 sq. ft. of clean move-in ready office and ±2,975 sq. ft. freshly painted warehouse with dock and drive-in overhead door. This space is ideal for engineering, electronics, distribution, light manufacturing, etc. The balance of the buildings are leased on short term leases that provide income until the space is required for growth. Offices have access to fibre optic high speed internet. The property has further upside potential with the current zoning for low density residential permitting single family, duplexes, semidetached, etc. The balance of the buildings are leased on short term leases that provide income until the space is required for growth. Offices have access to fibre optic high speed internet. The property has further upside potential with the current zoning for low density residential permitting single family, duplexes, semidetached, etc. The property has approx. 645 feet of frontage on Dennis Street and a rear yard along the railway of approx. 550 feet. Minimum lot frontage for a duplex or single family is approx. 45 feet. Guelph/Eramosa/Rockwood’s labour force consists of individuals with varied skills and qualifications – ranging from tradespeople and technicians to professionals in fields such as engineering, technology, agriculture and healthcare. The University of Guelph, located nearby in the city, also plays a significant role in fostering a highly skilled workforce. Ontario is Canada’s top province for agricultural output, and Guelph has the largest concentration of Agri-Innovation research and technology expertise, and related infrastructure in Canada.

FOR SALE DETAILS

PRICE

$2,695,000 CAD

PRICE/SF

$132 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.83

LAND SF

79,715

ZONING

R1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mel De OliveiraCBRE, LimitedMore Info
519-340-2311

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Mel De OliveiraCBRE, LimitedMore Info
519-340-2311

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