21
176-178 Railway Street
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$2,499,000 Sale
Listed 4 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 176-178 Railway Street
Key Facts
Key facts for 176-178 Railway Street
Property Type
Commercial
Parking
None
MLS #
X12343850
Size
-
Basement
-
Listed on
2025-08-14
Lot size
0 x 0.0
Tax
$49,615.60 /yr
Days on Market
5
Approximate Age
-
Maintenance Fee
-
Description
Multi-unit industrial and office property. Investment or owner-occupier opportunity. 25,393 SF Gross Leasable Area on a 1.25 acre site. $98.41 per sq ft. All buildings were fully renovated within the last 10 years. The property is currently fully leased with annual triple net income of $157,710. Rea...r yard, ample parking.176 Railway St. (Front Building): UNIT 1: Leased until December 1, 2025. Tenant will be vacating in 2025.10,235 SF over two levels. 3,400 SF offices, 6,835 SF R&D/ Warehouse. Three grade-level loading doors (two drive-in 10x10 ft, & 14x10 ft, double man door 7.5x7.5ft). Climate controlled. UNIT 2: Leased until October 31,2025. No right to renew. 5,158 SF warehouse/workshop. Two dock-level loading doors (8x8 ft & 8x10 ft).178 RAILWAY ST. (Rear Building): Leased until November 30, 2025.Tenant has vacated and the unit is sub-leased until November 30, 2025. No right to renew. 10,000 SF warehouse. 16+ ft clear height. Drive-in door (14x15 ft), Two dock-level loading doors (8x8 ft & 8x10 ft). (39278240)
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Courtesy of: ROGERS & TRAINOR COMMERCIAL REALTY INC., BROKERAGE