+/- 2,166 ft2
This strata unit on the lower level is a combo of warehouse plus a big board room with a washroom totalling around 1,451 sf. The mezzanine level of approx 715 sf is nicely built out with 2 offices, reception area, kitchenette and a second washroom. The warehouse portion has one grade level loading door of 10 x 12 and 21 feet ceilings with some extra storage space. 2 designated parking spots. The zoning, I-2 (Heavy Industrial), intends to allow most distribution, manufacturing and production uses with limited retail opportunities. The tenant is occupying the unit until March 1st 2022 and wants to stay. Base rates have increased which will increase the income providing around a 4% cap rate.