866 Phillip Street
Sarnia, N7T 1Z6
FOR SALE
$1,999,900
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Industrial
CATEGORY15.0
OFFICE/APT AREAX12740686
MLSIDContact Us
Property Description
AN EXCEPTIONAL INVESTMENT OPPORTUNITY TO ACQUIRE A CLEAN & WELL MAINTAINED 16,000 SQ FT COMMERCIAL / INDUSTRIAL PLAZA, SITUATED ON A SPACIOUS 0.8 ACRE LOT IN ONE OF SARNIA'S BUSY & PRIME INDUSTRIAL AREAS LOCATED OFF CONFEDERATION STREET. THE PLAZA CONTAINS 85% INDUSTRIAL WAREHOUSE WITH 15% OFFICE SPACE AND CEILING HEIGHT OF 16 FEET. ALL FULLY TENANTED OCCUPIED UNITS WITH EACH HAVING A GRADE LEVEL OVERHEAD BAY DOOR & SEPARATELY METERED. THE PLAZA CONSISTS OF LONG TERM TENANTS IN THE: COATINGS, ELECTRICAL, GAS & CONSTRUCTION SECTORS. RECENT UPGRADES INCLUDE: ALL NEW EXTERIOR SIDING & FASCIA, SEPARATED ELECTRICAL UNIT UPGRADES, LED LIGHTING, CONCRETE, WAREHOUSE HEATERS, INSTALLATION OF LIGHTING OUTDOOR PARKING LOT & SECURITY CAMERAS. CONVENIENT ON SITE PAVED PARKING LOT & NEARBY ACCESS TO THE CHEMICAL VALLEY & HWY. 402. WITH A FAVOURABLE (IL-1) LIGHT INDUSTRIAL ZONING ENSURES THAT THIS PROPERTY REPRESENTS A COMPELLING INVESTMENT OPPORTUNITY FOR THOSE LOOKING TO EXPAND THEIR PORTFOLIO.
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Property Details
Address
866 Phillip Street
Community
City
Postal Code
N7T 1Z6
Property Type
Industrial, Industrial
Use
Multi-Unit
Zoning
LI-1
Lot Size
39' x 257'
Office Area
15.0
Industrial Area
85.0
Acreage
0.8 Acres
Taxes
$28,503 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Re/Max Metropolis Realty
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