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Home ON Greater Toronto Area Milton 401 Business Park
624 MCGEACHIE DRIVE S
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624 MCGEACHIE DRIVE S $14,500,000
$14,500,000
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624 MCGEACHIE DRIVE S
Milton (Esquesing), Ontario L9T3Y5

MLS® Number: W10430829

Listing Description

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. (38114525)

Location Description

Harrop Rd. And Mcgeachie Dr.

Property Summary

Property Type
Industrial
Community Name
Esquesing
Land Size
211.7 ; 1.61 Acres Irregular Lot
Annual Property Taxes
$60,381.71
Time on REALTOR.ca
23 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
30500 sqft

Land

Lot Features
Frontage
211 ft ,7 in
Other Property Information
Zoning Description
M-2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
PAUL JOSEPH BORCSOK