A Fully Carefree Single-Tenant Commercial Building Is Located At A Busy Intersection In A Beautiful Small Town That Is A 2-Hour Drive East Of Toronto. The Current Tenant Is An AAA Retail Business of franchise. That Operates Successfully, And The Current Lease Runs Until May 31, 2027, with 2 X 3-Year Renewal Options. The Net Cap Rate Is 7%, And The Future Potential Value Of This Commercial Property Is High. It Is Located In The Busiest Location, Adjacent To Home Hardware And Lobo, Where All The Locals Pass By. It Is A Suitable Investment Property With Low Capital Investment, Stable Rental Income. **Extras: Buyer Must Be Discreet Not To Talk To The Tenant & Employees Of The Business. This Is For TheSale Of The Building, Not Including The Business Which Belongs To The Tenant.**
MLS# | X12004548 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Sold Conditional |
Days On Site | 71 |
Listing Provided By | KW Living Realty | X12004548 20006000 |
SQ Feet | 1,600 |
---|---|
Acreage | 0.04 |
Province | ON |
---|---|
County | Hastings |
City | Batawa |
Postal Code | K0K |
Area | Frankford Ward |
Listing VS Median (in K0K) | |
Price: $379,000 low | high Med: $379,000 SqFt: 1,600 low | high Med: 1,600 $ / SqFt: $237 low | high Med: $237 On site: 71 low | high Med: 71.000000 |