Property Details

281 WALLACE Road, North Bay, Ontario, P1A2W8

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For sale, ID#: 40206264
281 WALLACE Road
North Bay Ontario
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0 Beds
0 Bath
$7,200,000

281 Wallace Rd, shovel ready 25 acre industrial development site. Fully fenced, 3 rail spurs, 10 inch gas line with oversized sewer and water servicing the property. M2 + M3 zoning provides maximum flexibility. There are preliminary plans for an industrial park development, this site could also be an excellent opportunity for an end user. Improved with 4 buildings: Office Building 5100 sqft. 14 offices, Shop building 3100 sqft, Maintenance Building 3650 sqft, Workshop 3000 sqft. All buildings are heated & insulated with power. 3 yr land lease with Fed Ex Air 4 acres, 3 yr lease with Dig Safe in Maintenance Building. Brings a total Gross Income of $177,600 annually, which can help offset project carrying costs. Front office and shop building can be sold separately or leased for additional income. Updated PHASE I & II ESA underway. 15 Acre + / - south portion of site would be ready for development Spring 2022. (id:2471)

Representatives
Shannon Unger and John Skidmore Broker of Record and Sales Representative,
RE/MAX Legend Real Estate Inc., Brokerage - North Bay
Property Details
  • Property Address: 281 WALLACE Road, North Bay, Ontario, P1A2W8
  • Property Type: Industrial
  • Zoning Description: M2/M3
  • Title: Freehold
  • Lot Size: 25
  • Acreage: 25 ac|25 - 50 acres
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Access: Road access, Highway Nearby
  • Driveway: Detached Garage
Structure Details
  • Style: Detached
  • Storeys: 1
  • Basement Type: None
  • Heating Type: Natural gas, Forced air
  • Cooling: Central air conditioning
  • Exterior Type: Steel
Amenities / Features
  • Rail
  • Recreational
  • Industrial Park
Neighbourhood Information

Listing Office: RE/MAX Legend Real Estate Inc., Brokerage (138)

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281 WALLACE Road, North Bay, Ontario, P1A2W8

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