240-250 Enterprise Street, Russell, ON K0A 3H0
$5,950,000
$5,950,000
MLS®#:
X12116997
Property Type:
Industrial
Property Style:
Area:
Prescott and Russell
Community:
603 - Russell Twp
Taxes:
$45,705.81 / 2024
Added:
May 01 2025
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
CDN GLOBAL (OTTAWA) LTD.
Intersection:
Enterprise Rd. and Burton Rd.
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Well
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

240-250 Enterprise St., Russell, Ontario is a multi-tenanted industrial building located in the Vars Industrial Park. The building consists of approximately 33,310 sq. ft. of gross building area on 4.14 acres (more or less) of land. The front of the building has storefront type windows while the rear of the property has 11 overhead doors. The building has good access for large vehicles and transport trucks. Currently there are five (5) tenants in the property with the anchor tenant occupying approximately 14,515 sq. ft. The site has an excess of land of approximately two acres which could accommodate additional structures.

Insights

  1. Multi-Tenanted Income Potential: The property currently hosts five tenants, including an anchor tenant occupying a significant portion of the space, providing immediate rental income and reducing vacancy risk.
  2. Expansion Opportunities: With approximately two acres of excess land available, there is potential for future development or additional structures, allowing for increased revenue generation.
  3. Strategic Location and Accessibility: Situated in the Vars Industrial Park with excellent access for large vehicles and transport trucks, the property is well-positioned for industrial operations and logistics, enhancing its appeal to potential tenants.

Neighbourhood

Schools, amenities, travel times, and market trends near 240-250 Enterprise Street
Schools

5 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There is 1 private school nearby.

Parks & Rec

2 ball diamonds, 2 playgrounds and 7 other facilities are found in major parks near this home.

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603 - Russell Twp home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 603 - Russell Twp
100%
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)