140 ELIZABETH Street, Lambton Shores, ON N0M 2N0

  • $2,950,000
  • $2,450,000
140 ELIZABETH Street, Lambton Shores, ON N0M 2N0
Active For Sale
140 ELIZABETH Street, Lambton Shores, ON N0M 2N0
140 ELIZABETH Street, Lambton Shores, ON N0M 2N0
  • $2,950,000
  • $2,450,000

Overview

Property ID: HZX9348765
  • Industrial, Commercial Sale
  • Property Type
  • 50001
  • Sqft

Description

100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 8.3% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402.

  • Address 140 ELIZABETH Street
  • City Lambton Shores
  • State/county ON
  • Zip/Postal Code N0M 2N0
  • Country CA

Details

Updated on April 10, 2025 at 7:47 pm
  • Property ID: HZX9348765
  • Price: $2,950,000
  • Property Size: 50001 Sqft
  • Garage Size: x x
  • Property Type: Industrial, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Sewer: Sanitary
  • Cooling: No
  • County: Lambton
  • Property Type: Commercial Sale

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