This 8,500 square foot multi-tenant commercial strip mall presents an excellent investment opportunity with strong returns and minimal maintenance. The building features six fully leased suites ranging from 1,040 to 1,664 square feet, offering flexible usage options. With a strong net operating income and a favourable cap rate, this property is a low-risk asset in a heavy traffic commercial area. This six-unit commercial building is home to six reputable businesses, ensuring a stable and diverse tenant mix. Each unit is fully leased to established companies, contributing to a reliable income stream and long-term investment security. With a strong tenant roster and a well-maintained property, this asset offers both stability and growth potential in a thriving commercial area. The site spans 0.72 acres and includes a large paved parking lot, providing ample space for tenants and visitors. The property is equipped with six grade-level loading doors, office, storage, and warehouse space, as well as a three-phase, 400 amp/600 volt electrical system. HVAC includes an electric heat boiler, with some units featuring heat pumps. (230635512)
Land Size
0.9800|1/2 - 1 acre
Time on REALTOR.ca
17 days
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