For Sale

340 University Avenue, Belleville, Ontario K8N5T6

$10,750,000

340 University Avenue, Belleville, Ontario K8N5T6 is For Sale and has a listing price of 10,750,000. The property is located in the Belleville neighbourhood. It's been on the website for 74 Days.

  • Industrial
    Property Type
  • MLS ID: X8385214
  • Office Name EKORT REALTY LTD.
Property Description

Located in Belleville’s north-east Industrial Park, this 126,200 sqft industrial facility sits on 19.5 acres of land with exposure to Hwy 401 and is ideally situated between Toronto and Montreal. The building features 9 loading docks, 4 grade-level doors, and 30×50 ft bay sizes. Ceiling heights for the entire facility are as follows: 40% has 28 ft ceilings to the roof deck and 60% of the facility has 21ft to the roof deck, and the attached warehouse space of 11,600 sqft with 26 ft ceiling heights. There is approximately 7,200 sqft of newly updated office space. The manufacturing space has upgraded 4′ LED shatterproof fixtures, ensuring a bright and energy-efficient work environment. The available hydro supply is 44,000 KVA with 3200 Amp 600 volts, which will support heavy industrial activities. The site zoning allows for versatile industrial uses and its ergonomic design supports easy repurposing for various applications, including warehousing and manufacturing. The site has ample acreage for potential building expansion and/or possible severance, permitting significant growth opportunities. Don’t miss this chance to a part of one of Eastern Ontario’s busiest growth areas in Belleville’s Industrial Park. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X8385214
  • Price: $10,750,000
  • Transaction Types: For Sale
  • Ref ID: 26960979
  • Year Built: N/A
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/29/2024 X8385214 $11,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Belleville
  • $692,069 Average List Price
    based on 1 year
  • 181 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 36.48 % Up
  • Sold (12mo) 470
  • Rented (12mo) 130

  • 1 Month Change +29.6%
  • 3 Month Change +26.5%
  • 6 Month Change +29.3%
Walkscore
Property Type Distribution
  • All Houses
    80.18%
  • All Houses/Commercial
    0.02%
  • Commercial
    11.38%
  • Condo
    7.13%
  • Land for Sale
    1.29%
Additional Details
  • Sewers Sanitary Sewer
  • Heating System Other
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/05/2024 00:00:00
  • Zoning Z1
  • Agent Name: Jamie T. Troke
  • Last Updated: 19/09/2024 21:29:43
Open House Dates
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