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7 Prospect Road Morrisburg, Ontario K0C 1X0

$550,000

M2 Industrial Commercial situated along the 401 highway corridor in the peaceful town of Morrisburg. Morrisburg is about halfway between Montreal and Kingston. Located in the industrial section of the town, the two buildings offer approx. 1400 sq. ft. of office and 3,500 of industrial space with 4 garage doors of which one is 16ft high. Presently vacant but was recently rented to multi-tenants. 2022 total rent was 39,600 with tenants paying all utilities. The Net Operating Income was 27,783 after Prop. Taxes, Insurance and snow and grass cutting. Building one: Office space with kitchen, wood stove, electric heat. Bay section with powder rom, natural gas heater, air compressor, Reverse Osmosis water system (city water supplied to building). Second bay used for storage. Building two: Large bay with 16 ft door, office mezzanine, propane furnace. Note this building has no water or bathroom. Includes storage trailer located on the rear of the property. Roof & siding 2019. (id:37684)

Business

Business Type Industrial
Business Sub Type Light industrial

Property Details

MLS® Number 1353867
Property Type Industrial
Neigbourhood Morrisburg
Parking Space Total 10

Building

Constructed Date 2006
Heating Fuel Electric

Land

Acreage No
Size Irregular 0 Ft X 0 Ft (irregular Lot)
Size Total Text 0 Ft X 0 Ft (irregular Lot)
Zoning Description M2

https://www.realtor.ca/real-estate/25890455/7-prospect-road-morrisburg-morrisburg

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