343-341-4087
, Perth, ON for Sale
FOR SALE
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Ontario College Campus for Sale
Perth, ON


HIGHLIGHTS

  • Well Maintained institutional quality asset
  • strong conversion or continued use possibilities
  • Exceptional access to abundance of close by amentities
  • Seller requires possession until August 31, 2026
  • Free and clear of financing

OVERVIEW

On behalf of our client, Algonquin College of Applied Arts and Technology (the “Seller”), CBRE Limited (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 7 Craig Street in Perth, Ontario (the “Offering”, the “Site”, or the “Property”). The Property represents a 12.34 acre improved site with four buildings totaling 48,221 square feet of net rentable area. Building A is a 24,645 square feet of office space, Building B is 17,579 square feet of industrial space, Building C represents a stand-alone industrial building with 2,916 square feet of net rentable area, Building D is a storage building with 2,486 square feet of area (not included in the net rentable area), and Building E is a freestanding Office building with 3,081 square feet of net rentable area. Of the 12.34 acres, approximately 7 acres of the land area is deemed developable. The Property is being used by the Seller until August 31, 2026. The Seller is open to an earlier closing with a sale-lease back of the Property. The Property is being offered unpriced and the Seller is entertaining offers as they come in. The Seller reserves the right to impose a Bid Date if it deems it in its best interest.

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343-341-4087

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343-341-4087

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