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


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 Policy.