CAP RATE 7.3% - Completely Renovated Building & Turnkey Investment Opportunity. Full Building Renovation: Recently renovated from top to bottom with quality finishes and modern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowing for a multiplex addition. Ideal opportunity for CHMC financing to support future construction or expansion. Building ConfigurationCommercial Unit: Ground-level storefront (approx. 1,000 sq. ft.)The Entire Property has been fully Leased out to great Tenants.Total Gross $94,680The Financials are attached for your review. (id:60365)
| MLS® Number | W12358018 |
| Property Type | Retail |
| Community Name | Weston-Pellam Park |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 2 |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1800 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 103 Ft |
| SizeFrontage | 15 Ft ,3 In |
| SizeIrregular | 15.32 X 103 Ft |
| SizeTotalText | 15.32 X 103 Ft |
| ZoningDescription | Commercial / Residential |
Granit Nenada
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