4,000 ft2
Fully Air Conditioned
Forced Air
$2,200,000
LOCATION! LOCATION! LOCATION! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus TMI, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. ft. of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants. Additional financial and property information is available upon request. (id:50976)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Retail misc. |
Property Details
|
MLS® Number
|
N13774818 |
|
Property Type
|
Retail |
|
Community Name
|
Alliston |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
4,000 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
151 Ft ,3 In |
|
Size Frontage
|
155 Ft ,3 In |
|
Size Irregular
|
155.26 X 151.32 Ft |
|
Size Total Text
|
155.26 X 151.32 Ft |
|
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/30268640/265-king-street-n-new-tecumseth-alliston-alliston
