350 Lake Road
Clarington, L1C 4P8
FOR SALE
$1,700,000

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Investment
CATEGORY600 Sq Ft
OFFICE/APT AREAE11934099
MLSIDContact Us
Property Description
Your opportunity to acquire an A+ industrial location! Perfect for end-users or investors. Dual frontage corner lot, fully serviced, and improved, flexible zoning uses, and tenanted by a major company: Triple Net lease with $63,000 NOI annually and 5% ANNUAL ESCALATIONS! CLEAN ENV. REPORT COMPLETED. DD documents available with request & CA. Smaller lots like this hard to find! Great change for affordable building up to 60% coverage ration (+/- 39k sq. ft.) Collect rent + get approvals - and benefit from this great location minutes from Hwy 401. Future 401 interchange planned only 0.50 km away! Bowmanville is experiencing fantastic growth at the center of the Municipality of Clarington. **EXTRAS** Existing 600 sq. ft. trailer on-site in excellent condition and included.
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Property Details
Address
350 Lake Road
Community
City
Postal Code
L1C 4P8
Property Type
Investment, Investment
Use
Industrial
Zoning
M1-7 - Light Industrial
Office Area
600 Sq Ft
Taxes
$5,516 (2024
Heat Type
None
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Royal Lepage Frank Real Estate
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