455 Cranston Cres - Warehouse FOR SALE


Midland, ON L4R 0B8
$3,999,000 CAD
437-525-1056

NO PHOTO

$3,999,000 CAD
Warehouse - FOR SALE
null | Request Cap Rate

455 Cranston Cres
Midland, ON L4R 0B8


HIGHLIGHTS

  • The property is located within Midland’s established industrial and employment area, supporting a range of business uses.
  • It offers convenient access to Highway 12 and Highway 93, providing strong regional connectivity.
  • The location provides proximity to Midland’s downtown core and local amenities, supporting employee accessibility.
  • The property is well-positioned within Simcoe County, offering access to a growing labour pool.
  • This sale includes 2 acres of vacant land as well for possible redevelopment.

OVERVIEW

This industrial offering comprises two contiguous lots located at 455 and 475 Cranston Crescent. The lot at 455 Cranston Crescent features a well-equipped 21,553 square foot building situated on 2 acres of land. The facility is outfitted with fiber optic internet, air lines, and robust power including 600V and 400 Amps. The building boasts a bay size of 24' x 39', providing versatile space for a range of industrial operations. Adjacent to this is 475 Cranston Crescent, a 1-acreparcel of vacant land, offering potential for future development or expansion. The listing price reflects the combined value of both properties, presenting a unique opportunity for investors or owner-users seeking a strategic industrial footprint.

FOR SALE DETAILS

PRICE

$3,999,000 CAD

PRICE/SF

$186 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

M1

APN/PARCEL ID

437402001552516

ASK ABOUT THIS PROPERTY

Ted McNabCBRE, LimitedMore Info
437-525-1056

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Ted McNabCBRE, LimitedMore Info
437-525-1056

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