Excellent Opportunity To Acquire A Neighbourhood Plaza. 3,750 Sq.Ft Of Retail Area Plus One Apartment On 2nd Fl. Located On Busy York Rd, 4 Lane Main Road In Near Future. Close To Under-Serviced Large Residential Area. 5 Min. Drive To Guelph University. Permitted Usage: Restaurant, Commercial Entertainment, Hotel, Repair Services, Recreation Centre, And Vehicle Sales. Great Opportunity For The Investor Or End User. Opportunity To Develop Multi-Residential. Currently 1 unit vacant (interested potential tenant ) Potential Net Income of $113,500 with 100% occupancy. Priced at $600 psf Retail area and 5 % Cap rate. (id:60365)
| BusinessType | Retail and Wholesale |
| BusinessSubType | Retail misc. |
| MLS® Number | X12587692 |
| Property Type | Retail |
| Community Name | Grange Road |
| AmenitiesNearBy | Highway, Public Transit |
| ParkingSpaceTotal | 20 |
| BathroomTotal | 4 |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4500 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 88 Ft |
| SizeFrontage | 157 Ft |
| SizeIrregular | 157 X 88 Ft |
| SizeTotalText | 157 X 88 Ft |
| ZoningDescription | Sc-2-10 |
https://www.realtor.ca/real-estate/29148686/800-808-york-road-guelph-grange-road-grange-road
Aman Sethi
Broker