Investment Opportunity: Own a piece of prime real estate with this exceptional building for sale! Boasting a strategic location, this property offers a dual-income stream with a residential portion featuring 5 bedrooms currently rented, and a renowned Chinese food restaurant occupying a 2,000 sqft space, ensuring a steady return on investment. The residential section comprises 5 bedrooms, creating an attractive source of consistent rental income. With a beautifully renovated interior, these living spaces offer modern amenities and comfort for tenants. Adding to the appeal is the leased Chinese food restaurant, a favourite in the area. With a well-established clientele, this lease provides a stable and reliable income stream, making this property a truly turnkey investment. The entire building spans 4,000 sqft and has been thoughtfully renovated to enhance its aesthetic appeal and functionality. The seamless blend of residential and commercial spaces makes it a unique and versatile investment opportunity. Strategically located, this property benefits from high visibility and accessibility, contributing to its overall investment potential. Whether you're an experienced investor or looking for a sound investment to start your portfolio, this property promises great returns. In summary, this building for sale is not just a property; it's a fantastic investment opportunity with a residential component generating rental income and a popular Chinese food restaurant providing a reliable lease. Act now and secure this turnkey investment for your portfolio. (id:47423)
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Detailed Information
Listing Contract Date
2023-12-14
Location Description
South on May St
Municipal ID
620730029
Property Type
Other
Transaction Type
For sale
Business
Business Type
Restaurant
Business Subtype
Restaurant
Building
Age
over 26 years
Basement Type
Full
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
under 1/2 acre
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