45 photos
136 Purdy Road, Cramahe, ON K0K 1S0
Rural Cramahe · Cramahe · K0K 1S0
$699,000
About this property
An outstanding investment opportunity with excellent Highway 401 access and visibility in Colborne. This established storage facility features 31 storage units in a range of sizes, including units within the main building and Sea-Can storage units, along with additional commercial and outdoor storage space.With a projected cap rate of approximately 8.5%, the property offers an attractive opportunity for an investor, storage operator, contractor or business owner seeking operational space combined with income potential.The property is zoned General Industrial-1 (MG-1), allowing for a broad range of uses, including warehousing, outside storage, equipment sales, rental and repair, contractor or tradesperson yard and shop facilities, manufacturing, processing, assembly or fabricating, service shops, building supply operations, transportation-related uses and other permitted industrial uses. Buyers are encouraged to complete their own due diligence regarding zoning and their intended use.The current vacancy rate is higher than normal, see attached disclosure. The present vacancy should therefore not be considered representative of the property's historical or stabilized occupancy.With multiple units immediately available, a new owner has the opportunity to actively lease the vacant space, establish their own rental structure and grow revenue. Its accessible location near Highway 401 makes this a versatile income-producing property with excellent potential for both investment and business use.
Details
- Property type
- Industrial · Commercial
- Lot
- 200 × 125 Feet
- Heating
- Gas Forced Air Closed
- Cooling
- No
- Sewer / septic
- Septic
- Garage
- None
- Taxes
- $4,294 (2025)
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$3,095
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of ROYAL HERITAGE REALTY LTD.. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.