Message Number420830
statusActive
Subject Line2 FOR 1 COMMERCIAL properties, Kincardine (2 1/2 hrs from GTA), Residential Home, $875,000
Business area
Canada
Ontario
Southwestern Ontario
Location, CityKincardine
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingNovember 10 2023
Type Description3 commercial, 1 apartment, 1 House
LocationKincardine
Price$875,000.00
Price CommentIncludes Both Properties
Building Area Comment3 commercial tenants, 1 apt. & 1 house
ZoningC-1 General Commercial
Comments2 adjacent commercial properties at intersection of Queen & Broadway Streets in Kincardine's commercial core (across from Tim Hortons). The home & commercial property are being offer as a package to share existing accesses & parking spaces. The century brick home has had many upgades this spring including new vinyl windows, roof shingles replaced, new electrical breaker panel, new kitchen & bathroom cabinets, sink & counter tops, some new flooring & complete interior re-paint. Although home is zoned C-1 it can continue its residential use under a "legal non-conforming" provision in zoning by-law as it has never been used for commercial purposes. The 3 ground floor commercial units totalling 1901 sq.ft. & 2nd. storey, 2 bedroom apt. (approx. 1055 sq.ft.) are fully rented with an annual gross income of $39,530. Prime location with reliable tenants make this a great opportunity.
Internet Links
Member Identifier382
ControlMLS
NameRussell Coultrup
TitleSales Representative
Company NameRe/Max Land Exchange Ltd. Brokerage
Address Line One325 Lambton St. Unit 4A
CityKINCARDINE
State/ProvinceOntario
Zip/Postal CodeN2Z 0E3
CountryCanada
Business Phone Number(519)396-5062
Email AddressSend Email
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