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$ 729,000
Est. payment | /mo
4,095 SqFt
$ 729,000
Est. payment | /mo
4,095 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,095 sqft
Price per Sqft $178
Subdivision Woodstock - North
MLS® Listing ID X11903457
Originating Board Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
Property Description
This versatile property, zoned C5 (Central Commercial), accommodates a variety of uses,including, medical, retail, deli/restaurant, salon, and more. The building features multipleentrances, with the main floor offering approximately 1,365 sq. ft. currently leased to apopular restaurant. The upper floors comprise four 1-bedroom, 1-bath residential apartments,each equipped with a kitchen. Six private parking spaces are available at the rear, along withample street parking. The basement includes two bathrooms for restaurant and general use, aswell as an unfinished storage area for the restaurant. Each unit is separately metered forhydro, with the landlord covering property taxes and water bills while tenants handle otherutilities. Generating approximately $55,000 in gross rent, this property delivers a 6% cap rateand exceptional investment potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Private Pool No
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4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada