705-618-4663
705-566-5454
28
$899,900 Sale
Listed 4 hours ago
100 TRAFALGAR ROAD
· 0
· 0.0
· 0
· 3650
Key Facts
Key facts for 100 TRAFALGAR ROAD
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
X12459965
Size
3650 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing ahigh volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boas...ting 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. Thec-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 A portion of the lot is leased on a grandfathered 99 year lease (20.03ft X 52.29ft )PIN (711390220)from the Township of Erin. (id:10452)
Similar Properties (No results)
Listing courtesy of: ROYAL LEPAGE FLOWER CITY REALTY
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.