Description
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.
Location Description
Victoria South/York Rd
Property Details
- Community: Grange Road
- Property Type: Tenant/Commercial
- Bath: 4
- Garages: Plaza
- Annual Property Taxes : $ 6250
Building Features
- Parking Type : Plaza
Features
- Heating : Gas Forced Air Closed
- Sewer : Sanitary+Storm ,
Listing Contracted With: RE/MAX GOLD REALTY INC.
