London & Area Real Estate Listings

Immaculate and well-maintained warehouse facility strategically located in the northeast end of the City of St. Thomas, in close proximity to the new battery plant currently under construction-an ideal opportunity for feeder or supporting industries. Originally built in 1974 with a substantial addition completed in 2004, this property offers a functional and versatile layout suitable for a wide range of industrial or warehousing operations.The office component totals approximately 2,665 square feet and includes a welcoming reception area, multiple private offices, staff washrooms, a retail/showroom area, and a boardroom. The warehouse area comprises approximately 31,055 square feet. The original section measures roughly 161' x 119' with clear heights ranging from 17' to 20' at the center and includes an office and staff washrooms. The newer addition measures approximately 59' x 168' and features an office, storage area, one drive-in truck door, and three loading docks. The entire building is fully sprinklered.The rear yard offers fenced and gated parking, providing added security and functionality. Numerous updates and renovations have been completed over the past several years, reflecting pride of ownership throughout.Please note that zoning for the property was amended to residential in 2018; however, the existing warehousing use is legal and conforming. Discussions with the City of St. Thomas Planning Department indicate a willingness to work with a new owner to support compliance with future intended uses.The current owner has occupied the property since 2008 and is relocating to a new facility presently under construction. A sale-leaseback arrangement for approximately 2-3 years is preferred, offering potential income stability for an investor during the transition period. (id:62344)