Active
624 Mcgeachie Dr S
Milton Ontario, L9T 3Y5
C$14,500,000
Active
Commercial
Solid investment. Leased industrial building.fully equipped and zoned for manufacture and distribution of automotive refinishing and and repair products. Tenant is Axalta Coating Systems. a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available. Replacement cost of building far greater than list price. This Location with zoning very difficult to match. Great secure investment for the future.
W10430829
MLSⓇ ID
November 30, 2024
Updated
Map
624 Mcgeachie Dr S
Milton Ontario, L9T 3Y5
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Part
Heating
Yes
Heating Description
Gas Forced Air Closd
Exterior/Building Features
Lot Size
1.62 Acres
Sewer
SanStorm
Other Property Details
Area Name
Esquesing
Taxes
$60,382
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Ontario
Municipality
Milton
Water Source
Municipal
Pool
No
Zoning
M-2
Courtesy of Listed by , NUCORP REALTY LTD.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 11:10 AM UTC, 11/30/2024