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 |
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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