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646 CATHCART Boulevard

646 CATHCART Boulevard

Sarnia, Ontario

Industrial

$2,399,000

PRIME INVESTMENT PROPERTY FOR SALE. GREAT LOCATION ON THE CORNER OF A BUSY INTERSECTION. SHOPPING IN ADJACENT PROPERTIES FEATURES NATIONAL TENANTS SUCH AS STARBUCKS, REXALL, GOODLIFE AND MORE. PROPERTY HAS BEEN PERPETUALLY KEPT IN PRISTINE CONDITION AND HAD MANY UPGRADES INCLUDING NEW AUTOWASH. LOW MAINTENANCE CONSTRUCTION SUCH AS METAL ROOF & METAL CLADDING. INCOME IS DERIVED FROM OIL CHANGE LEASE WITH CORPORATE HEAD OFFICE.(TENANT HAS 2 ADDITIONAL 5 YR OPTIONS). REMAINING INCOME STREAM IS DERIVED FROM A TURN-KEY CARWASH FEATURING 1 AUTOMATED WASH BAY & 4 SELF-WASH BAYS. CONVENIENT DEBIT/CREDIT CARD PAYMENT SYSTEMS. THIS INCOME-PRODUCING PROPERTY IS VERY WELL LAYED OUT TO BE AS EFFICIENT AS POSSIBLE. CAMERAS MAKE IT EASY TO KEEP AN EYE ON THE PROPERTY REMOTELY. FINANCIALS CAN BE SUPPLIED TO QUILIFIED BUYERS. SELLER IS A LICENSED REALTOR IN THE PROVINCE OF ONTARIO.PRICE PLUS HST.

Price History

Community

Postal area N7V

Population
11,611
Private dwellings
5,713
Median age
51.6
Average household size
2.1
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Sarnia · last 12 months

Median sold price
$399,678
Homes sold
80
Median days on market
26
Sale-to-list price
96.0%

Based on 80 recorded sales of industrial properties in Sarnia over the last 12 months.

Location

Street View

R

Reita | Assistant

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