250 Ferrier St

LocationMilliken Mills West, L3R 2Z5
$9.689M For Sale
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Description

250 Ferrier is a light industrial building with some office and warehousing Tenants in half the building. The property is 50% vacant and is a great opportunity for an occupier-investor or an occupier with need for future growth. Approximately 10,000 sf is vacant, being Unit J located at the rear of the building, offering 1 TL and 1 oversized drive in door and boasts clear heights of 20' 2". The remainder of the building (approximately 10,000) is occupied by 7 Tenants paying below market net rents leaving room for rental income growth. The front portion of the building has lower clear heights of approximately 12' clear and there is about 2,000 sf of mezzanine space in the rear, also occupied by office Tenants. The property is located just north of Steeles and west of Warden and provides excellent access to public transit and an abundance of nearby amenities. Recent environmental and building condition reports have been completed by the Vendor. Please reach out to designated listing agent for Confidentiality Agreement (CA) and access to reports and rent roll.

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 21,020 sqft
  • Commercial Office Area
    Office Area: 2,145 sqft
  • Commercial Industry Area
    Industry Area: 18,875 sqft
  • Commercial Parking Spaces
    Total Parkings: 37
  • Commercial Parking Types
    Parking Types: Outside/Surface
  • Commercial Ages
    Property Age: 31-50
  • Commercial Ceiling Heights
    Clear Heights: 20
  • Commercial Electrical Amps
    Electric Amps: 600
  • Commercial Voltage
    Electric Voltage: 600
  • Vehicle Capacity
    Vehicle Capacity: 6

Details

  • Commercial Zoning
    Zoning: EMP-GE
  • Tax Amount
    Tax: $ 31,431
  • Alcohol Allowed
    Alcohol Allowed: N
  • Commercial Features
    Features: Public Transit
  • MLS
    N12258506
  • Listing contracted with: CUSHMAN & WAKEFIELD

Transit Accessibility

Milliken Go Train Station (2.5km)

Location