Prime industrial, retail, & residential property located on the main corridor at the entrance to the town of Embrun. The building is 5,000 square feet at street level plus a single one-bedroom residential apartment on the second floor. Vacant possession of 3,000 SF of the retail industrial portion of the building will be available on April 1, 2025, as one of the leases expires. The second unit on the ground floor is 2,000 square feet and will become vacant on August 1, 2026. Water, sewer, gas, and hydro. It is a fantastic opportunity for an investor to acquire a strategic asset and operate their business on the main retail strip in the rapidly growing town of Embrun. Open your business within the 3,000 SF unit starting April 1, 2025, and expand your company into the remaining 2,000 SF when the lease expires. If desired, nearly one acre of land with lots of parking and a large grassy backyard can be paved. Continue renting the property for revenue, or use the building for your business.
PT LT 9 CON 6 RUSSELL PT 2, 50R936, S/T RR116989 SUBJECT TO AN EASEMENT IN GROSS OVER PTS 7 & 8, 50R10420 AS IN RC105497 TOWNSHIP OF RUSSELL
Occupancy
Tenant
Possession Date
Immediate
Taxes (2023)
$12,357
Directions/Cross Streets
It is located at the entrance to the town of Embrun. Take the TransCanada Highway South at the Embrun exit.
Neighbourhood
602 - Embrun
Area
Prescott and Russell
Price History
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Detailed Information
Lot
199.81 x 199.77 ft
Total Area
5,000
Parking Spaces
30
Gross Income/Sales
$106,687
Net Income Before Debt
$85,725
Clear Height
20 feet
Bay Size Length
50 inches
Grade Level Shipping Doors
3
Zoning
Commercial
Seller Property Info Statement
N
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