| Message Number | 407571 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | Gravenhurst. Prime corner downtown location with 2 buildings consisting 2 commercial stores & 3 apts. Potential to build 3 more residential apts. $1.199M | ||||||
| Business area |
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| Location, City | Gravenhurst | ||||||
| Have/Want | Have | ||||||
| Business category | Commercial Buildings/Hotels/Motels | ||||||
| Date of Listing | June 16 2022 | ||||||
| Type Description | Investment Property | ||||||
| Location | Gravenhurst | ||||||
| Price | $1,199,000.00 | ||||||
| Building area | 5300 | ||||||
| Building Area Comment | sqft | ||||||
| Site area | 80 x 132 | ||||||
| Zoning | C1 | ||||||
| Gross Income | $74,880.00 | ||||||
| Expenses | $13,488.00 | ||||||
| Net Income | $61,392.00 | ||||||
| Cap Rate | 5.1% | ||||||
| Comments | Potential to build 3 residential units at rear of 1st building and expand front commercial store. Lots of on-site parking. | ||||||
| Internet Links | |||||||
| Member Identifier | 2619 | ||||||
| Clients Objective | Retire/Passive | ||||||
| Client Will | Take Back Mortgage | ||||||
| Explain Client's Motivation | Retiring | ||||||
| Control | MLS | ||||||
| Name | Lino Reyes | ||||||
| Title | Salesperson | ||||||
| Company Name | Realty Associates Inc., Brokerage | ||||||
| Address Line One | 8901 Woodbine Ave. Ste 224 | ||||||
| City | Markham | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | L3R 9Y4 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (416)293-1100 | ||||||
| Cell Number | 416-562-9601 | ||||||
| Home Number | 416-562-9601 | ||||||
| FAX Number | 416-293-6700 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
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