$1,450,000
( $132.78Per Sq Foot )
 $7,784 est/mo Sourced by Back At You

5641 Nauvoo Road , Watford, ON N0M 2S0

Watford, ON N0M 2S0

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Description

This prime commercial property spans an impressive 5 acres and features two expansive warehouses, totaling over 10,000 square feet of versatile space. The first warehouse, over 7,000 square feet, includes well-designed office space. The lease just ended and is currently vacant, offering an excellent opportunity for new tenants or direct business use. The second warehouse, measuring 3,400 square feet, is fully leased, providing immediate and stable rental income. Its highway commercial zoning allows for a variety of business applications, making it an ideal investment for diverse commercial endeavors. Moreover, this property holds significant potential for future development. A site plan for a gas station and truck stop is currently in progress, and can be completed if the buyer is interested, adding tremendous value and possibilities. The strategic location of the property, right on Highway 402, ensures high visibility and accessibility, just 25 minutes from the US border at Sarnia. This proximity to a major international crossing amplifies the property's appeal for retail, logistics, warehousing, motel/hotel and truck stop/Gas station. Whether you are looking to expand your investment portfolio or seeking a strategic location for your business operations, this property offers substantial potential. Its current income-generating capability, combined with the opportunity for future development, makes it a standout choice for discerning investors and developers.

Details

MLS#XH4201103
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive Under Contract
Days On Site42
Listing Provided ByRE/MAX Escarpment Frank Realty | Rod Frank

Features

SQ Feet10,920
Units2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
CountyLambton
CityWatford
Postal CodeN0M 2S0
AreaLambton Shores
SubareaLambton Shores
Community NameLambton Shores
Listing VS Median (in Lambton Shores)
Price:
$1,450,000
low | high
Med:
$784,900
95.868965517241% of Average
SqFt:
10,920
low | high
Med:
1,505
100% of Average
$ / SqFt:
$133
low | high
Med:
$521
100% of Average
On Site:
42
low | high
Med:
89.500000
46.927374301676% of Average
Sourced by Back At You
Listing Updated: November 1, 2024 at 2:13:05 PM PDT