INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! Welcome to 451 JR Smallwood Boulevard in Gambo! This 12,000 sq. ft. commercial building in Gambo offers THREE separate rental revenue streams! With extensive interior renovations completed just last year, it's home to Independent Grocer, Gambo's only grocery store and the only full-service grocery store within 20 km. Known for friendly service and well-stocked shelves, this space is currently leased by Loblaws. That's revenue stream number one. Revenue stream number two? Two two-bedroom apartments with separate laundry facilities located at the back of the building. Both apartments are currently rented. Thirdly, there's an ATM located at the front of the building, earning monthly rental income from Scotiabank. Collectively, these three streams generate a combined rental income of $7000 / monthly. This commercial building is the ideal opportunity for any investor who'd like to add a solid anchor to their portfolio. (id:47423)
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
Total Area
12,000 ft2
Amenities Nearby
Recreation, Shopping
Listing Contract Date
2023-11-21
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning Description
Mixed
Business
Business Type
Food Services and Beverage, Retail and Wholesale, Residential
Business Subtype
Grocery, Specialty retail, Residential
Building
Amenities
Laundry Facility, Living Accommodation
Flooring Type
Laminate, Other
Heating Fuel
Electric, Oil
Stories Total
2
Type
Retail
Land
Total Size
.5 - 9.99 acres
Access Type
Year-round access
Amenities
Recreation, Shopping
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