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$ 1,700,000
Est. payment /mo
Active
350 Lake RD Clarington, ON L1C 4P8
1 SqFt
UPDATED:
02/13/2025 10:37 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,700,000
Subdivision Bowmanville
MLS Listing ID E11934099
Annual Tax Amount $5,516
Tax Year 2024
Property Sub-Type Investment
Property Description
Your opportunity to acquire an A+ industrial location! Perfect for end-users or investors. Dual frontage corner lot, fully serviced, and improved, flexible zoning uses, and tenanted by a major company: Triple Net lease with $63,000 NOI annually and 5% ANNUAL ESCALATIONS! CLEAN ENV. REPORT COMPLETED. DD documents available with request & CA. Smaller lots like this hard to find! Great change for affordable building up to 60% coverage ration (+/- 39k sq. ft.) Collect rent + get approvals - and benefit from this great location minutes from Hwy 401. Future 401 interchange planned only 0.50 km away! Bowmanville is experiencing fantastic growth at the center of the Municipality of Clarington. **EXTRAS** Existing 600 sq. ft. trailer on-site in excellent condition and included.
Location
Province ON
County Durham
Community Bowmanville
Area Durham
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 1.5
Others
Security Features No
Listed by ROYAL LEPAGE FRANK REAL ESTATE
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