Salehian.com 647-325-5000

2000 Rogers Road

907 - Perth, Perth, K7H 1P9

$7,299,000

Photo 1 of 35Photo 2 of 35Photo 3 of 35Photo 4 of 35Photo 5 of 35Photo 6 of 35Photo 7 of 35Photo 8 of 35Photo 9 of 35Photo 10 of 35Photo 11 of 35Photo 12 of 35Photo 13 of 35Photo 14 of 35Photo 15 of 35Photo 16 of 35Photo 17 of 35Photo 18 of 35Photo 19 of 35Photo 20 of 35Photo 21 of 35Photo 22 of 35Photo 23 of 35Photo 24 of 35Photo 25 of 35Photo 26 of 35Photo 27 of 35Photo 28 of 35Photo 29 of 35Photo 30 of 35Photo 31 of 35Photo 32 of 35Photo 33 of 35Photo 34 of 35Photo 35 of 35

Listed 139 days ago · MLS® X13232992

About this home

2000 Rogers Road is a 73,440 SF freehold industrial building on 9.805 acres, offered at $7,299,000, a blended $99 per square foot, with a recently approved Business Park rezoning already in hand. Constructed in 1970, the building includes an approximately 5,000 SF office component, 16 to 18 ft clear heights, dual access from Rogers Road and South Street, and full municipal servicing.In 2025, the Town of Perth re-designated the property from Industrial to Business Park and rezoned it to C5-X, broadening the permitted uses to include professional offices, personal service, wellness, indoor storage, and small-scale food and beverage, while preserving full industrial use. With the rezoning complete, a purchaser can proceed directly to site plan. approval for a redevelopment, without the cost, timing, and uncertainty of a rezoning application.The pricing is built on two independent components: the 45,000 SF of tenanted space, capitalized at an 8.00% rate on $450,000 of in-place NOI for a value of $5,625,000; and the 28,440 SF vacant balance, offered at $75 per square foot, or $2,133,000. Together, the components imply $7,758,000 of value, against an asking price of $7,299,000.The vacant balance is the heart of the opportunity, giving the purchaser full optionality as an owner, operator, or investor. An owner-operator can occupy the space directly while the in-place tenant income offsets carrying costs; an investor can hold the asset for income and lease the balance on market terms. Either way, the space is turn-key and lease-ready, with no additional landlord work or capital required.Please do not go to the property without a tour confirmed in writing. Ask the listing agents for the Offering Memorandum. All measurements are approximate. Buyer to conduct independent due diligence and verify all measurements, zoning, income, and redevelopment potential to their own satisfaction.

Details

Type
Industrial
Lot
910 × 478 ft
Garage
None
Property tax
$22,442 (2025)
Neighbourhood
907 - Perth
Municipality
Perth

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Partial
Utilities
Available

Building and exterior

Building area
10 Acres

More

Possession
Flexible
Cross street
Rogers Road and South Street
Business type
Warehouse

Listed by ROYAL LEPAGE SIGNATURE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.