3rd St - Industrial FOR SALE


Bayham, ON N0J 1Y0
$2,718,240 CAD
416-585-4676
3rd St, Bayham, ON for Sale
$2,718,240 CAD
Industrial - FOR SALE
1/1
null | Request Cap Rate

3rd St
Bayham, ON N0J 1Y0


HIGHLIGHTS

  • This property offers exceptional flexibility for manufacturing, warehousing, or logistics operations.
  • The site provides easy access to Highway 3 and Highway 401, connecting you to key markets like Woodstock, Tillsonburg, and St. Thomas.
  • Property offers a potential NOI of $192,542 annually, making it a compelling income-generating asset.

OVERVIEW

This industrial property in Straffordville, part of the municipality of Bayham within Elgin County, offers 22,652 sq ft of versatile space across two freestanding buildings on a 2-acre lot, making it an exceptional opportunity for both end-users and investors. Ideal for manufacturing, warehousing, or logistics operations, the property is strategically located near key transportation routes, including Highway 3 and Highway 401. Its proximity to regional markets such as Woodstock, Tillsonburg, and St. Thomas, combined with access to a strong local workforce, further enhances its appeal. Elgin County’s focus on fostering business growth and development adds to the property's advantages. Businesses looking to expand operations or establish a presence may also qualify for programs like the Southwestern Ontario Development Fund (SWODF), which provides financial support for job creation, infrastructure investments, and equipment upgrades. With a projected net rent of $8.50 psf delivering potential NOI of $192,542 annually, this property offers significant income potential for investors. At the same time, the ample outdoor space provides opportunities for future expansion, making it equally attractive for end-users seeking flexibility and growth potential. Whether you are looking to invest or operate, this property stands out as a versatile and highly valuable asset in a growing market.

FOR SALE DETAILS

PRICE

$2,718,240 CAD

PRICE/SF

$120 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

M4 & M4-Urban Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Pardeep MannMarcus & MillichapMore Info
416-585-4676

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Pardeep MannMarcus & MillichapMore Info
416-585-4676

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