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$4,995,000
Burk's Falls
400 Centre Street, Burk's Falls, Ontario, P5E1G3
This industrial property in Burk's Falls is for sale.
400 Centre Street presents a substantial industrial opportunity in Burk's Falls, offering approximately 74,550 square feet of total building area on 12 acres. The building includes approximately 69,200 square feet of industrial space and 5,350 square feet of office space, providing a practical combination of operational and administrative areas. Located close to Highway 11, the property offers convenient highway access for transportation and distribution. Employment zoning permits a variety of industrial and employment-related uses, while the large 12-acre site may provide potential for future development or expansion, subject to municipal approvals. Well suited for manufacturing, warehousing, distribution, storage or an owner-operated business, this is a rare opportunity to acquire a large-scale industrial property. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 61 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 74 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Burk's Falls is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $4,995,000, about 63.6× the local median household income of $78,500.
Carrying it typically needs a household income of about $975,698 (20% down, 25-yr amortization, stress-tested) — roughly 1143% above the area median.
Source: Statistics Canada, 2021 Census (FSA P5E)
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