| Message Number | 421315 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | Cambridge 5 Unit Investment on King Street. 1,599,000, 6% Cap rate at asking. Turnkey | ||||||||
| Business area |
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| Have/Want | Have | ||||||||
| Business category | Net Leased Investment | ||||||||
| Date of Listing | November 23 2023 | ||||||||
| Location | Cambridge | ||||||||
| Price | $1,599,000.00 | ||||||||
| Building area | 6084 | ||||||||
| Zoning | Commercial | ||||||||
| Net Income | $99,853 | ||||||||
| Cap Rate | 6% | ||||||||
| Comments | Fully turnkey and nicely renovated investment opportunity (6,084 Total Square Feet) located right in the heart of Preston, at 634 King Street in Cambridge, Ontario. This property boasts close to $100,000 in NOI it comprises of five separate units, with one commercial tenant and four residential tenants already in place. | ||||||||
| Internet Links | |||||||||
| Member Identifier | 10649 | ||||||||
| Name | Eric Frey, BCOM | ||||||||
| Title | Commercial Sales - Industrial, Investment & Land | ||||||||
| Company Name | Coldwell Banker Commercial | ||||||||
| Address Line One | 508 Riverbend Drive | ||||||||
| City | Kitchener | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2K 3S2 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)729-3739 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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