604 Mcgeachie Drive South, Milton | Image 1

604 Mcgeachie Drive South

Milton, Esquesing

  • Commercial

$14,500,000
For Sale

Added 2 months ago

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  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Warehousing

  • Zoning: M-2

  • Age: No Data

  • Taxes: 77178.64

  • MLS®#: W10430840

  • Days on Site: 57 Days

  • Added: Nov 18, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: NUCORP REALTY LTD.

Solid Investment. Leased Industrial building.Substantial investment in building infrastructure. Five year lease with 3 years remaining.Solid Covenant. Tenant is Axalta Coating Systems. Premier global manufacturer of automotive refinishing and repair products. Headquartered in Philadelphia with 2023 sales of 5.5 Billion. 12,700 employees worldwide. Numerous expensive improvements made to building to permit manufacture and distribution of industrial automotive coatings. Zoning M-2. 1200 amp /600 volt electrical system..Roof upgraded in 2024. Current Clean Environmental Report available. Replacement cost of building with manufacturing improvements in place far greater than current list price of building. Great upside for future lease rates. A smart investment for the future. Difficult and expensive to duplicate today in close proximity to 400 series highways and experienced labor pool.

Property

  • Status: Sale

  • Type: Warehousing

  • Property Type: Industrial

  • Property Type: Free Standing

  • Area: Milton

  • Community: Esquesing

  • Availability Date: To be arranged

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: Con 3 Ptlot1 Rp20R3449 Pts 4,9 Rp20R16125 Pts 1,2

  • Taxes: $77,179

  • Taxes Type: Annual

Land

  • Cross Street: Harrop Dr. And Mcgea

  • Municipality District: Milton

  • Parcel Number: 249770248

  • Lot Depth: 327.52 Acres

  • Lot Frontage: 271.02 Acres

  • Lot Irregularities: 1.9 Acres Irregular

  • Zoning: M-2

Shipping Doors

  • Clearing Height (ft): 18

  • Clearing Height (in): 2

Commercial Specific

  • Shipping Doors Drive In Level: 1

  • Shipping Doors Grade Level: 1

  • Shipping Doors Double Man: 1

  • Shipping Doors Truck Level: 2

  • Rail: N

  • Sprinklers: Y

  • Total Area: 32500

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 30875

  • Industrial Area Metric: Sq Ft

  • Lot Code: Lot

JK-8

Martin Street Public School

Elementary: Public
1.55 km
JK-8

Holy Rosary Separate School

Elementary: Catholic
1.45 km
5-8

W I Dick Middle School

Elementary: Public
1.04 km
JK-6

ÉÉC Saint-Nicolas

Elementary: Catholic
0.88 km
JK-5

Robert Baldwin Public School

Elementary: Public
0.92 km
JK-8

Chris Hadfield Public School

Elementary: Public
1.73 km
Pre-Grade 9-12

E C Drury/Trillium Demonstration School

Secondary: Provincial
2.55 km
9-12

Ernest C Drury School for the Deaf

Secondary: Provincial
2.45 km
9-12

Gary Allan High School - Milton

Secondary: Public
2.27 km
9-12

Milton District High School

Secondary: Public
3.08 km
9-12

Jean Vanier Catholic Secondary School

Secondary: Catholic
5.36 km
9-12

Bishop Paul Francis Reding Secondary School

Secondary: Catholic
2.05 km
For Sale
2 months ago
$14,500,000
  • 0 bath
  • 0 bed

624 Mcgeachie Drive South, Milton, Ontario • L9T 3Y5 • Esquesing