Property Details

281 WALLACE Road, North Bay, Ontario, P1A2W8

281 WALLACE Road, North Bay, Ontario, P1A2W8 (ID 40206264)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$7,200,000 - For sale

ID#:40206264

281 Wallace Rd, shovel ready 25 acre industrial development site. Fully fenced, 3 rail spurs, 10 inch gas line with oversized sewer and water servicing the property. M2 + M3 zoning provides maximum flexibility. There are preliminary plans for an industrial park development, this site could also be an excellent opportunity for an end user. Improved with 4 buildings: Office Building 5100 sqft. 14 offices, Shop building 3100 sqft, Maintenance Building 3650 sqft, Workshop 3000 sqft. All buildings are heated & insulated with power. 3 yr land lease with Fed Ex Air 4 acres, 3 yr lease with Dig Safe in Maintenance Building. Brings a total Gross Income of $177,600 annually, which can help offset project carrying costs. Front office and shop building can be sold separately or leased for additional income. Updated PHASE I & II ESA underway. 15 Acre + / - south portion of site would be ready for development Spring 2022. (id:2471)

Location DescriptionSeymour to Wallace

Property Details
  • Property Address:281 WALLACE Road, North Bay, Ontario, P1A2W8
  • Property Type:Industrial
  • Title:Freehold
  • Lot Size:25
  • Acreage:25 ac|25 - 50 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access, Highway Nearby
  • Driveway:Detached Garage
Structure Details for 281 WALLACE Road, North Bay, Ontario, P1A2W8
  • Heating Type:Natural gas, Forced air
  • Style:Detached
  • Storeys:1
  • Basement Type:None
  • Cooling Type:Central air conditioning
  • Exterior Type:Steel
Amenities for 281 WALLACE Road, North Bay, Ontario, P1A2W8 Rail, Recreational, Industrial Park
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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Listing Office: RE/MAX Legend Real Estate Inc., Brokerage (138)

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281 WALLACE Road, North Bay, Ontario, P1A2W8

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