| Message Number | 421057 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Expired | ||||||||
| Subject Line | Commercial ground floor with 2 Residential above, near Grand Bend, Ontario. | ||||||||
| Business area |
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| Location, City | Middlesex Parkhill | ||||||||
| Have/Want | Have | ||||||||
| Business category | Business Opportunities | ||||||||
| Date of Listing | November 17 2023 | ||||||||
| Type Description | Commercial with Residential - Mixed Use | ||||||||
| Location | Parkhill Ontario | ||||||||
| Price | $699,900.00 | ||||||||
| Building area | 3626 | ||||||||
| Site area | 1/2 acre | ||||||||
| Zoning | C1 | ||||||||
| Gross Income | 76800 | ||||||||
| Expenses | 8822 | ||||||||
| Net Income | 67978 | ||||||||
| Cap Rate | 9.7 | ||||||||
| Comments | Main Floor commercial area currently operating as a salon / spa. Can be leased for $3500 monthly +TMI at current market rent. Second floor currently is a 3 bedroom, 2 bathroom residential unit with living room, kitchen and balcony. This unit can be easily converted into 2 separate units with separate entrances and rent for $1600/month and $1300/month. Just over 1/2 acre with ample parking that can be leased out for extra income. C1 zoning can all dentist and many other uses. | ||||||||
| Internet Links | |||||||||
| Member Identifier | 11393 | ||||||||
| Client Details | -- NONE -- | ||||||||
| Clients Objective | Retire/Passive | ||||||||
| Control | MLS | ||||||||
| Name | Rahim Charania, RN, BScN | ||||||||
| Title | Broker | ||||||||
| Company Name | StreetCity Realty | ||||||||
| City | London | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N6A 5B5 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)859-0133 | ||||||||
| Cell Number | 5198590133 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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