Milton, ON L9T 3Y5,624 Mcgeachie DR S
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Milton, ON L9T 3Y5,624 Mcgeachie DR S
Milton, ON L9T 3Y5,624 Mcgeachie DR S
Milton, ON L9T 3Y5,624 Mcgeachie DR S
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$ 12,900,000
Est. payment /mo
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Price Dropped by $1.6M

624 Mcgeachie DR S Milton, ON L9T 3Y5

30,500 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 30,500 sqft

Price per Sqft $422

Subdivision 1034 - Mn Milton North

MLS Listing ID W10430829

Annual Tax Amount $60,381

Tax Year 2024

Property Sub-Type Industrial

Property Description

NEW PRICE /MANUFACTURING PLANT/ NEW PRICE Solid investment for the future .Fully fixtured industrial building with diverse manufacturing capabilities already installed. Net Leased industrial building.Currently Fully outfitted for manufacture and distribution of automotive refinishing and and repair products. Zoning conforms. Tenant is Axalta Coating Systems, a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available .Replacement cost of building far greater than list price. This highly desirable Location with M-2 zoning very difficult to replace. Close to 400 series roads and skilled labor pool. Great secure investment for the future.

Location

State ON

County Halton

Community 1034 - Mn Milton North

Area Halton

Zoning M-2

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 211.7

Lot Depth 332.81

Building

Lot Description Irregular Lot

Others

Security Features Yes


Listed by NUCORP REALTY LTD.
agent

Ishwar Garg

Agent

+1(416) 705-4505

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624 Mcgeachie DR S