14877 Loyalist Parkway
Prince Edward County, ON
- 4 bath
- 10 sqft
- Industrial
Located on approximately 10 acres in the heart of Prince Edward County, this property features an existing 15,732 sq. ft. industrial building with Rural Industrial (MR) zoning, offering strong expansion potential and a range of industrial uses. Office 1859sf and industrial 13873sf, Lot size 761.83 x 643.95 feet. 2 Truck level door. Ceiling 20 feet. Gas Forced Air,There is also a proposal to construct two additional 8,000 sq. ft. metal buildings on the Southeast side of the parking lot, potentially increasing the total building area to approximately 31,732 sq. ft., subject to the necessary approvals and permits.600-volt, 800-amp, three-phase electrical service, with additional power capacity available if requiredNatural gas service connected to the buildingRural Industrial (MR) zoningSignificant expansion and future development potentialThe property currently generates $23,668 per month in rental income, equivalent to $284,016 annually.The landlord is responsible for property taxes, while the tenant pays the utilities. The existing lease has approximately 2 years and 6 months remaining.A purchaser may choose to retain the existing tenant and benefit from the established rental income or explore other options upon reviewing the lease terms and applicable legal requirements.Based on the current annual rental income and the asking price of $3,968,000, the property offers a gross rental yield of approximately 7.16%. The net capitalization rate will depend on property taxes and other landlord expenses.To help facilitate the transaction, the owner is willing to provide up to $2,000,000 in vendor take-back financing at 8% interest for a two-year term, subject to mutually agreed terms and conditions.The owner may also be able to assist with obtaining the necessary permits for the two proposed metal buildings, subject to municipal approvals.
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Listing Details
- Taxes (2026)
- $28,137
- Listed
- October 15, 2026
Price History
Property
- Lot Size
- 761.83 x 643.95 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Water
- Drilled Well
Location & Legal
- Cross Street
- Matthie Rd/Loyalist Pkwy
- Zoning
- MR
- Parcel Number
- 550510160
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Factory/Manufacturing
- Office / Apartment Area
- 1859 Sq Ft
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 Prince Edward County · last 12 months
- Median sold price
- $599,900
- Homes sold
- 437
- Median days on market
- 41
- Sale-to-list price
- 95.3%
Based on 437 recorded sales of commercial properties in Prince Edward County over the last 12 months.
Listed by
CENTURY 21 MILLER REAL ESTATE LTD.
Walk Score
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Location
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Commercial figures
- Annual property tax
- $28,137
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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