220 HUCKINS Street, Goderich, Ontario, N7A3X8
This industrial property in Goderich is for sale. It has been on the market 19 days, fresher than the Goderich average of 78 days.
Rare opportunity to acquire a quality, fully leased industrial investment property situated on a 3.2-acre site in Goderich’s established industrial area. The property offers approximately 38,012 sq. ft. of total building area, including 33,512 sq. ft. of industrial/warehouse space and 4,500 sq. ft. of two-storey office space. The building is divided into four units and is fully leased to three established, top-tier tenants, with the anchor tenant occupying two units. Features include 25-foot clear warehouse ceiling heights, overhead cranes, warehouse mezzanines, one dock-level loading door and four ground-level doors. The property also offers a large, secured and fenced yard, paved areas, and ample parking for cars and trucks. With established tenancy and an approximately 7% capitalization rate, this property presents an attractive opportunity for investors seeking income from a quality, multi-tenant industrial asset. Click ""More Info"" on the Realtor.ca listing to contact the seller directly. The seller handles all showings and negotiations. LBO provides the Realtor.ca listing service only. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 78 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 61 days on the market over the past year, against a median of 48 days across the markets we publish.
This industrial in Goderich has been listed for 19 days, which is 59 days fresher than the city average of 78. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,290,000, about 58.0× the local median household income of $74,000.
Carrying it typically needs a household income of about $837,987 (20% down, 25-yr amortization, stress-tested) — roughly 1032% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7A)
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