3650 sqft
Fully Air Conditioned
Forced Air
$999,900
Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing a high volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boasting a cap rate of 6.4%. It is fully leased with Main Floor Is Leased with Pharmacy on renewal options and upstairs 2 updated residential units are with long term Tenants.This property is not just attractive from a financial standpoint; it has also received recent structural and mechanical upgrades, with more than $150,000 spent on renovations. The C-1 zoning allows for a variety of commercial uses, adding to its appeal for potential tenants.Conveniently located in close proximity to a range of amenities, including a grocery store, arena, and veterinary clinic, the property also offers ample parking for both tenants and customers, further enhancing its appeal.Overall, this commercial property represents an exceptional investment opportunity due to its prime location, consistent rental income, recent updates, and potential for additional revenue streams. (id:50976)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Retail misc. |
Property Details
|
MLS® Number
|
X9394595 |
|
Property Type
|
Retail |
|
Community Name
|
Hillsburgh |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
3650 Sqft |
Land
|
Acreage
|
No |
|
Size Depth
|
115 Ft ,5 In |
|
Size Frontage
|
45 Ft ,5 In |
|
Size Irregular
|
45.46 X 115.47 Ft |
|
Size Total Text
|
45.46 X 115.47 Ft |
|
Zoning Description
|
C1 |
https://www.realtor.ca/real-estate/27536811/100-trafalgar-road-erin-hillsburgh-hillsburgh
