Investment Opportunity or Potential for Redevelopment Adjacent to Thorold Community Arena and Thorold Secondary School
Two commercial industrial shop buildings comprised of 2,433 SF and 1,700 SF on 0.814 acres in Downtown Thorold adjacent to the Thorold Community Arena and the Thorold Secondary School. Zoned CC3 - Central Commercial zone. 13 ft to 16 ft clear height. 3-phase 600 amp electrical. 4 plus 1 Overhead rollup doors. Currently tenanted to Keniry’s Service Niagara Ltd. on a 5-year term lease net to the landlord expiring June 2022 with 1 x 5 yr renewal option and first right of refusal or vacant possession option. Failure to exercise the first right results in the termination of the lease with 4 months’ notice.