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120 Vidal Street Sarnia, Ontario

PROPERTY INFO

OVER $100,000 SPENT IN THE LAST 16 YRS INCLUDING: EXTERIOR FASCIA '12, ROOF '12, HI-EFFICIENCY FORCED AIR GAS FURNACE '09, & CENTRAL AIR '16,'24. PROPERTY HAS 2 MUNICIPAL ADDRESSES BUT SOLD AS 1 PARCEL (120 VIDAL ST. N. & 229 CROMWELL ST.) TENANT PAYS BASE RENT+HST, UTIL, PRORATED MUN TAX, BUILDING INS, GRD MTCE, WATER (TRIPLE NET LEASE). ATTENTION DEVELOPERS & INVESTORS! LAND & BUILDING AVAILABLE IN THE HEART OF THE DOWNTOWN RIVERFRONT BUSINESS AREA KITTY-CORNER TO THE NEW 'SEASONS RETIREMENT COMMUNITY' SLATED FOR COMPLETION 2026. EXCELLENT OPPORTUNITY FOR A LOW-MAINTENANCE INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL. 3700 SQ FT, 1 FLOOR BUILDING DIVIDED INTO 3 UNITS & 26 PARKING SPACES. GC-2 ZONING ALLOWS FOR VARIOUS COMMERCIAL OPTIONS! 2 UNITS LEASED(TRIPLE NET) & 1 UNITS CURRENTLY AVAILABLE FOR LEASE (FORMER DR OFFICE)

PROPERTY SPECS

Price $1,189,000
City Sarnia, Ontario
Address 120 VIDAL Street
Listing ID 25000583
Square Footage 3700
Roof Unknown
Flooring Carpet Over Hardwood, Ceramic or Porcelain, Cushion or Lino or Vinyl, Laminate
Type Industrial/Commercial
Status For Sale

EXTENDED FEATURES

Attachment Style Free Standing, Multi-Unit Subtype Investment Property, Office(s), Plaza, Retail Approx. Square Footage 3700 Acreage 0.370 Inclusions HOT WATER TANK, Building Insurance, Common Area Maintenance, Electric, Heat, Janitorial, Property Taxes, Signage, Water Parking Common/Shared, On Site Amenities Corner Site, High Traffic Location, Shopping Nearby, Visual Exposure Ownership Freehold Rental Equipment No Building Amenities Alarm System, Finished Offices Fire Protection Smoke Detector Heating / Cooling Air Cleaner, Central Air Conditioning, Furnace Heating Fuel Natural Gas Utility Power UNKNOWN Utility Water Municipal Water Sewer Sanitary Date Listed Jan 13, 2025 Days on Market 7 Parking Paved
Grocery Stores
Schools
Banks
Restaurants
Health
Parks
Entertainment
Transit
Fire Station
Police



REQUEST MORE INFORMATION

Listing Agent:  BARBARA MACDOUGALL

Listing Agency:  CENTURY 21 FIRST CANADIAN CORP, BROKERAGE

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