- What A numbered Ontario company is looking to offload 300 Elm Street
- Why The valuation for the fully leased office building is $267/sq ft
- What next Royal LePage North Heritage Realty has the assignment
An office building in Northern Ontario’s largest city is on the block for $6.4m.
Royal LePage North Heritage Realty has the assignment for 300 Elm Street, in Sudbury, on behalf of a numbered Ontario company. The valuation for the 24,000 sq ft building is $267/sq ft.
The property is 100% leased on a fully net basis to Canadian Blood Services, which uses the space as a call centre. The organization has occupied the property since 2006.
The property has a surface parking lot and is zoned C3 – limited general commercial, permitting a variety of uses, including a scientific or medical laboratory.
300 Elm Street is 1 km from downtown Sudbury, Paris Street and Sudbury station, which is served by VIA Rail. The Trans-Canada Highway is 7 km away.
Sudbury is 335 km north of Toronto and 200 km east of the U.S. border.