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500 Elizabeth Street, Guelph, ON N1E 6C1 (ELIZABETH ST / HWY 7)

Price : $1,799,900.00 , MLS®# : X12632614

Thanesh Sivaganasundram
Real Estate Agent
Description

Free-standing industrial building available in east central Guelph. Just off HWY7 . Totally renovated with new plumbing, new electrical system, new HVAC, new washrooms, new office and a small kitchen. New roof. Permitted use includes with zoning B4 - manufacturing, contractor yard repair service, towing/trucking, veterinary service, warehouse housing, and more. Temporary agricultural use permitted- Potential for Cannabis production, subject to minor variance approval from city. Currently operating as a non-woven grocery bag manufacturing business. All manufacturing equipment is new and imported from China. Hundreds of thousands spent of upgrades. Please see the attached list. Approximately: 250,000 Spent of Equipment, $100,000 on new roof, $550,000 of all other upgrades, including about 6 feet below grade filling, new beam for structure load bearing, Furnace, Electric Three phases, AC, All new HVAC lines, Outside stucco , New gates and more.

Location Description

ELIZABETH ST / HWY 7

Property Details
  • Community: Grange Road
  • Property Type: Owner/Commercial
  • Bath: 2
  • Garages: Outside/Surface
  • Annual Property Taxes : $ 6715
Building Features
  • Parking Type : Outside/Surface
Features
  • Heating : Gas Forced Air Closed
  • Sewer : Sanitary ,

Listing Contracted With: CENTURY 21 PEOPLE`S CHOICE REALTY INC.