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Home ON Lambton County Petrolia
260 CENTRE STREET
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260 CENTRE STREET $3,100,000
$3,100,000
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260 CENTRE STREET
Petrolia, Ontario N0L1R0

MLS® Number: 25016575

Listing Description

Nearly fully leased 50,829 sqft. building located on 14.4 acres in Petrolia with frontage on Centre Street and Discovery Line. National and international tenants with additional income from roof rental. Potential for income generation from external storage/laydown rentals and further site development. The interior of the property was recently painted and laydown outside storage areas have been developed. M1 zoning allows for many industrial and commercial uses. The exterior walls were recladded, insulated and a new steel roof installed approximately 10 years ago .Ceilings 12 ft to 15 ft with a small area at loading bay 18.5 ft. Building is masonry construction. There are three gated entrances to the property and five loading bays offering excellent traffic management. There are six offices, and large lunch and conference rooms. 420 amp, 600 volts can be upgraded to 600 amps, 600 volts. Other documentation available with a signed non-disclosure agreement. Seller willing to take back financing. (53561186)

Property Summary

Property Type
Industrial
Building Type
Warehouse
Title
Freehold
Land Size
1329.1 X 465.97 / 14.42 AC
Built in
1957
Time on REALTOR.ca
166 days

Building

Interior Features
Flooring
Concrete, Cushion/Lino/Vinyl
Building Features
Features
Corner Site, Visual exposure
Heating & Cooling
Cooling
Air Conditioned
Heating Type
Furnace, Radiant heat, (Electric), (Natural gas)
Business
Business Type
Industrial (Warehouse), Industrial (Industrial)

Measurements

Square Footage
50829 sqft
Total Finished Area
50829 sqft

Land

Lot Features
Fencing
Fence
Other Property Information
Zoning Description
M1
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GEORGE MALLAY