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.** |
Price | $379,000 |
Taxes: | $3886.86 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 13 N Trent Stre West , Quinte West, K0K 2C0, Hastings |
Postal Code: | K0K 2C0 |
Province/State: | Hastings |
Legal Description: | Pt Lt 228 P1 48 Sidney Pt 1 21R1252; Qui |
Directions/Cross Streets: | N Trent St / Mill St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Retail |
Use: | Retail Store Related |
Building Percentage: | T |
Total Area: | 1600.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Approximatly Age: | 31-50 |
Financial Statement: | F |
Chattels: | F |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Electric Forced Air |
Central Air Conditioning: | Yes |
Sewers: | Sanitary |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KW Living Realty |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Hastings |
Municipality: | Quinte West |
Neighbourhood: | Frankford Ward |
Approximate Age: | 31-50 |
Tax: | $3,886.86 |
Fireplace: | N |