$2,900,000
For sale
$2,900,000
Russell
$2,900,000
Russell
970 Burton Road, Russell, Ontario, K0A3H0
This industrial property in Russell is for sale offering roughly 10,600 sq ft of space. It has been on the market 61 days, fresher than the Russell average of 74 days.
Prime Vars location for this industrial building. A total of approximately 9000 sq ft of indoor space. The main building currently operating as an autobody shop is approximately 6500 sq ft. There is a nicely decorated reception area with customer washroom that will greet your clients. As we move into the back space the property consists of approximately 9100 sq ft of industrial space. There are several drive in doors making each area easily accessible. In addition to this building there is a Quonset building of approximately 1500 sq ft. The building is spray foam insulated and as its own power and radiant heat(no plumbing). The building is well maintained by it's owner and has a high quality water filtration system. All of this sites on approximately 1.4 Acres of fence yard space. The proximity to the 417 and Ottawa make this a great value for anyone needing some industrial space. Please note that the business and equipment are not included in the price. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 61 days on market, against an average age of 74 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 98.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This industrial in Russell has been listed for 61 days, which is 13 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,900,000, about 25.2× the local median household income of $115,000.
Carrying it typically needs a household income of about $566,472 (20% down, 25-yr amortization, stress-tested) — roughly 393% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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