$2,599,000 FOR SALE

Office

Lot: 122 x 0 ft

132 Second Street E
Cornwall, ON K6H 1Y4

The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action. (id:47423)

Share

Listed By Re/Max Rise Executives, Brokerage
Data Provided By Kingston & Area Real Estate Association
MLS® Listing Number 40623434
Last Updated Sep 24, 2024
Property Summary
Property Type Office

More like this:
Subdivision Cornwall
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 122 x 0 ft
Features Elevator, Passenger elevator
Listing Contract Date 2024-07-22
Location Description Second Street E between Amelia and Sydney St.
Ownership Type Freehold
# of Parking Spaces 51
Property Type Office
Signage Pylon
Transaction Type For sale
Zoning Description CBD
Building
Basement Type None
Constructed Date 1970
Exterior Finish Brick Veneer, Metal
Foundation Type Poured Concrete
Stories Total 4
Size (Exterior) 36415
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
Land
Total Size 0.9 acres
Access Type Road access
Sewer Municipal sewage system
Size of Irregular Land 0.9

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.