Prime Retail Commercial Fully leased 2220 sqft up and down offering 5.62%cap rate a bay for sale, discover a unique opportunity to own a fully developed, two-floor retail commercial unit in a prime location. This property is ideal for business owners or investors looking for steady rental income and excellent amenities, it is equally good for the personal use of a corporate business owner. Property features, Total area approximately 2220 sq ft across two floors. The main floor is currently rented for $2200/month for three years a 10 % increase yea. It Has a spacious washroom, a modern interior suitable for various retail businesses, such as small worship places, and every kind of medical facility, storage, pizza shop, and many more usages are permitted there. Upper Floor is currently rented for $3075/month, including:4 well-appointed offices One board room perfect for meetings and presentations fully equipped kitchenOne washroomHVAC System: Both floors have separate, efficient HVAC systems for optimal comfort and energy savingsRental Income: Total rental income of $5275/month Prime Location: High visibility and foot traffic, ideal for attracting customers and tenantsThis well-maintained property offers a solid return on investment and a prime location for businesses. Don’t miss out on this exceptional opportunity. (id:47423)
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Detailed Information
Listing Contract Date
2024-07-03
Municipal ID
0038398665
Ownership Type
Freehold
Plan
1911657
Property Type
Retail
Transaction Type
For sale
Zoning Description
I-C
Building
Constructed Date
2018
Construction Material
Poured concrete
Exterior Finish
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
2220 square feet
Total Finished Area
2220 sqft
Type
Retail
Land
Total Size
Unknown
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