136 Purdy Road
Cramahe, ON
- 25,000 sqft
- Industrial
- 1 days on market
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.
Listing Details
- Taxes (2025)
- $4,294
- Listed
- September 2, 2026
Price History
Listing history
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Property
- Lot Size
- 200 x 125 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- County Rd 25 & Purdy Rd
- Zoning
- MG-1
- Parcel Number
- 511400129
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 600 Sq Ft
Included
- Inclusions
- Fride, stove, washer, dryer, window air conditioner
- Exclusions
- NONE
- Rental Items
- NONE
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cramahe · last 12 months
- Median sold price
- $650,000
- Homes sold
- 103
- Median days on market
- 45
- Sale-to-list price
- 97.1%
Based on 103 recorded sales of commercial properties in Cramahe over the last 12 months.
Listed by
ROYAL HERITAGE REALTY LTD.
Commercial figures
- Building area
- 25,000 sq ft
- Price per sq ft
- $27.96
- Annual property tax
- $4,294
- Tax per sq ft
- $0.17
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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