A Fully Carefree Single-Tenant Commercial Building Is Located At A Busy Intersection In A Beautiful Small Town That Is A 2-Hour Drive East Of Toronto. The Current Tenant Is An AAA Retail Business of franchise. That Operates Successfully, And The Current Lease Runs Until May 31, 2027, with 2 X 3-Year Renewal Options. The Net Cap Rate Is 7%, And The Future Potential Value Of This Commercial Property Is High. It Is Located In The Busiest Location, Adjacent To Home Hardware And Lobo, Where All The Locals Pass By. It Is A Suitable Investment Property With Low Capital Investment, Stable Rental Income. **Extras: Buyer Must Be Discreet Not To Talk To The Tenant & Employees Of The Business. This Is For TheSale Of The Building, Not Including The Business Which Belongs To The Tenant.** (39994375)
Land Size
Bldg=25 x 65 FT
Age Of Building
31 to 50 years
Annual Property Taxes
$3,886.86 (CAD)
Time on REALTOR.ca
35 days
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