Email us at : jeff@jeffmoisan.com
519-760-3227
This is a **Cash Cow Property**, generating a total of **$9,250 in rental income**. With a cap rate ranging between **9-12%**. This standalone mixed-use property presents an outstanding opportunity for investors and business owners seeking income, flexibility, and long-term upside. Offering excellent exposure and quick access to major highways, the location continues to attract strong demand from both commercial operators and residential tenants. The building encompasses approximately 4,400 square feet, anchored by a substantial ground-floor commercial space of roughly 3,800 square feet, currently configured as a restaurant and bar. Above, the second level features three income-producing residential apartments, including a three-bedroom unit, a one-bedroom unit, and a bachelor suite, all contributing to consistent cash flow. Additionally, there is notable upside potential through renovation or reconfiguration, as the residential level may allow for the creation of additional units (subject to municipal approvals). The property's configuration and zoning lend themselves well to a variety of uses, including trade-based operations, service-oriented businesses, storage, light industrial, or owner-occupied commercial uses supported by residential income. Additional income is generated from media company rentals (such as Netflix). Offered as a fully tenanted, mixed-use investment in a well-established industrial and commercial area, this property delivers both immediate revenue and future growth opportunities. Purchasers are advised to verify zoning, permitted uses, and development potential through their own due diligence. (id:32152)
| MLS® Number | X12766432 |
| Property Type | Retail |
| Community Name | Industrial Sector |
| Amenities Near By | Highway, Public Transit |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4400 Sqft |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Size Depth | 101 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 4400 |
| Size Total | 4400 Ac |
| Size Total Text | 4400 Ac |
| Zoning Description | C2 |
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