3 & 4-1001 Burns Street East, Whitby | Image 1

3 & 4-1001 Burns Street East

Whitby, Whitby Industrial

  • Commercial

$2,900,000
For Sale

Added 3 weeks ago

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  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Warehousing

  • Zoning: M1A

  • Age: No Data

  • Taxes: 43662.22

  • MLS®#: E9386986

  • Added: Oct 08, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLDWELL BANKER - R.M.R. REAL ESTATE

Highly attractive Industrial/Service Retail location with National tenant in place being offered at a very attractive $221 PSF. This offering is for units 3 & 4, totaling 13,575 SF. Current rents are well below market rates. Well-maintained space, new single-ply membrane roof 2022. Heavy power. Upgraded T8 lighting. Excellent proximity to two interchanges to Hwy 401. M1A zone offers broad range of uses. Fair shipping accommodation. Healthy condo reserve. 18' ceiling heights in warehouse. Common parking. This property is located in a high-growth area, and with the scarcity of industrial space in Whitby, the strong potential for future appreciation and income growth this offering is a strategic opportunity to invest in a market with robust fundamentals and promising long-term prospects.

Extras

Current lease term expiring July 2028 paying $88,237.56 Net, with fixed 5 year option following expiry at $101,812.56 Net, and second 5 year option at fair market rates.

Property

  • Status: Sale

  • Type: Warehousing

  • Property Type: Industrial

  • Property Type: Industrial Condo

  • Area: Whitby

  • Community: Whitby Industrial

  • Availability Date: TBA

Inside

  • Bathrooms: 2

  • Air Conditioning: Part

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: Durham Condo Plan 119 Level 1 Unit 4 and Durham Condo plan 119 L

  • Taxes: $43,662

  • Commercial Condo Fees: 3287

  • Taxes Type: Annual

Land

  • Cross Street: Burns St E/Garden St

  • Municipality District: Whitby

  • Sewer: San+Storm

  • Lot Depth: 123 Feet

  • Lot Frontage: 110 Feet

  • Lot Irregularities: Irregular size unit

  • Zoning: M1A

Shipping Doors

  • Clearing Height (ft): 18

Commercial Specific

  • Shipping Doors Drive In Level: 2

  • Shipping Doors Truck Level: 4

  • Rail: N

  • Retail Area: 15

  • Retail Area Metric: %

  • Sprinklers: Y

  • Total Area: 13575

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 80

  • Industrial Area Metric: %

  • Office Size: 5

  • Office Size Metric: %

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Soil Test: N

  • Financial Statement: N

  • LLBO: N

Map of 3 & 4-1001 Burns Street East, Whitby
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