Property type
Industrial
Lot size
N/A
Style
Approx. Area
42335 Sqft
Rare Opportunity to own a newly built 42,000 square foot (approx) airplane hangar on a freehold 2.6 acre property located at the Oshawa Executive Airport (CYOO). Currently rented to 2 aviation use tenants generating approximately 5% cap rate per year on the net income, providing an excellent return on investment. Vacant possession can also be provided with 6 months notice for owner user opportunity. In addition to multiple aviation uses, property also allows for additional uses (Full List Attached) including up to 33% non-aviation related warehousing (Potential to increase percentage of permitted warehousing). 200 feet of rolling automated doors creating an open span of up to 150 feet with clear heights of 31 to 40 feet. Strategic advantage with direct access to 2 taxi ways with runways of 2,654 feet and 4,250 feet (asphalt). This immaculate facility is designed to accommodate a wide range of aircraft!
Last updated
4 days ago
Virtual tour
None
Basement information
Building size
42335
Status
In-Active
Property sub type
Industrial
Maintenance fee
$N/A
Year built
--
Sales Representative, Dolphin Realty Inc
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