675 York Street, London East L
- Living area: 36389 square feet
- Type: Commercial
- Added: 113 days ago
- Updated: 15 days ago
- Last Checked: 13 days ago
Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or\r\nowner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre\r\nfenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a\r\nmajor telecom carrier providing bonus income through a Managed Services Agreement. With conservative\r\nassumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof\r\nover part of the building, 2 industrial generators costing over $1M, completely upgraded building\r\ncontrols, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority\r\nhaving an 18'6"" clear height. Full data room access is available upon the completion of a\r\nconfidentiality agreement. (id:1945)
Property Details
- Exterior Features: Steel, Concrete
- Foundation Details: Poured Concrete
Interior Features
- Basement: Partial
- Living Area: 36389
Exterior & Lot Features
- Water Source: Municipal water
- Lot Size Dimensions: Unit=480 Acre ; 225.91 ft x 9.69 ft x 480.28 ft x 154.08 ft x 102.
Location & Community
- Directions: Property is on the\r\nSouth side of the\r\nstreet across from\r\nSt. Mary's Parish.
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Year: 2016
- Tax Annual Amount: 37637.57
- Zoning Description: RSC2 RSC4(26) RSC5
Additional Features
- Security Features: Alarm system, Security system
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