Mix use building , Great Investment opportunity with projected income of over 5.5% Cap rate , consists of 1 Commercial unit on main floor and 2 residential apartments on 2nd floor. Commercial currently Leased to Vie Tea Café on a 5 year term , Residential units each consists of 2 bedrooms and 1 full bathroom , Both Residential units are vacant so you can pick your own tenants. both commercial and residential units have been extensively renovated within the past 2-3 years. Private parking at back of building (id:59911)
MLS® Number | X12022169 |
Property Type | Retail |
Neigbourhood | Southam |
Community Name | Southam |
Parking Space Total | 4 |
Appliances | Dryer, Two Stoves, Washer |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 3,004 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 133 Ft ,6 In |
Size Frontage | 27 Ft |
Size Irregular | 27 X 133.53 Ft |
Size Total Text | 27 X 133.53 Ft |
Zoning Description | C5a Mixed Use |
Omar Aziz
Broker of Record
(866) 221-2544
(289) 678-0632
HTTP://www.gracerealty.ca