This 5218 square foot plaza is on the corner of Colborne St E and Rawdon. Three individual businesses each paying Their own Heat, Hydro and Water. Unit 1 rent is $14.25 for 2268 sq ft $32319 per year. Lease runs to December 31, 2028 Unit 2 rent is $8.48 for 950 sq ft. for $8056 per year. Lease is month to month. Unit 3 rent is $8.00 for 2000 sq ft. $16000 per year. CAM costs are $7.05 per sq foot and the lease is month to month. Tenants pay all their own utilities. CAM costs are $7.05 per ft.act Total rent is $56375. The Cap rate is 6.1% . Immediate possession if assuming the tenants. (id:47423)
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Detailed Information
Lot
111 x 0 ft
Amenities Nearby
Public Transit
Features
Paved driveway
Listing Contract Date
2025-01-03
Location Description
Colborne St East. Turn right at Rawdon
Ownership Type
Freehold
Property Type
Retail
Signage
Pylon
Transaction Type
For sale
Zoning Description
C6 C8
Building
Basement Type
None
Exterior Finish
Brick
Stories Total
1
Size (Exterior)
5200
Utility Water
Municipal water
Land
Total Size
0.418 acres
Access Type
Road access, Highway access
Amenities
Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
0.418
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