9174 sqft
Fully Air Conditioned
Radiant Heat
$1,299,000
Looking for a turnkey business offering positive cash flow? Look no further than 2499 Hwy 3 in Jarvis! The 2.5 acres of prime real estate offers ample space for current operations as well as future growth or expansion opportunities. With positive cash flow and a unique commercial zoning designation, the property provides a rare combination of profitability and flexibility. This property is being used as transitional housing by Norfolk County since 2018 and would like to continue. Cash flow includes 14 units being rented monthly at $1,100 plus office at $500 and laundry at $500 for a total of $196,800. As an added bonus, there is a full 2-bedroom apartment on the second floor which the current owners are living in. Don't miss your chance on this excellent opportunity. (id:50976)
Property Details
MLS® Number
|
X11933883 |
Property Type
|
Retail |
Community Name
|
Haldimand |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Type
|
Radiant Heat |
Size Exterior
|
9174 Sqft |
Size Interior
|
9174 Sqft |
Type
|
Residential Commercial Mix |
Land
Acreage
|
No |
Size Depth
|
276 Ft ,5 In |
Size Frontage
|
373 Ft ,4 In |
Size Irregular
|
Bldg=373.34 X 276.43 Ft |
Size Total Text
|
Bldg=373.34 X 276.43 Ft |
Zoning Description
|
C2 |
https://www.realtor.ca/real-estate/27826090/2499-hwy-3-haldimand-haldimand