- What A 75,000 sq ft industrial facility is up for sale in Oshawa
- Why Seller Merit Paper Co. wants $250/sq ft
- What next The property is vacant
A manufacturer and distributor of pulp and paper products is selling its longtime Oshawa, Ont., facility for $18.8m, Green Street News can reveal.
Merit Paper Co. is asking $250/sq ft for the vacant 75,000 sq ft warehouse at 1133 Boundary Road, where it ran operations for over 40 years. Cushman & Wakefield is representing the seller and is marketing the property as an investment or user-acquisition opportunity in an area close to major employers such as General Motors and Canadian National Railway.
On 4 acres, the building has 11 shipping doors – six at truck level and five with drive-in access – with a clear height of 18 feet. Merit, a family-run business established in 1967, built the facility in 1981 and relocated this year.
The property is less than 2 km from the nearest entrance to Highway 401. Oshawa GO Transit station and CN freight train yard are a kilometre away. GM’s Oshawa automotive manufacturing plant is just over 2 km away.
Oshawa Executive Airport is just over 7 km away, and Toronto Pearson International Airport is 63 km away from the Boundary Road property. Downtown Toronto is 46 km away.
