Message Number416504
statusSold
Subject Line(LEASED) Commercial Rental on the Market! Ultimate exposure, 4 ground level commercial Units, former 2nd level Bowling Alley, lots of recent renos!!!$875,000
Business area
Canada
Ontario
Eastern Ontario
Belleville
Location, CityMadoc
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Business Opportunities
Date of ListingJune 23 2023
LocationHwy 62 at the 4 corners in Madoc
Price$875,000.00
Building area8207
ZoningC1
Commentsreat opportunity to get into the Commercial rental market. Ultimate exposure in a high traffic area along Hwy 62 at the 4 corners in Madoc. 4 ground level commercial units plus a former bowling alley on 2nd level is awaiting a new vision and would make for a great residential conversion. 3 units are currently leased and the 4th has been renovated and looking for a new tenant. Lots of recent renovations to building including all windows, stucco exterior, doors, flooring, 3 furnaces plus A / C, electrical panels, plumbing and more . Seller willing to hold a 1st mortgage up to 60% for qualified buyers. Great income and 2022 appraisal for over list price is on file.
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Member Identifier89
ControlMLS
NameSteve Bancroft
TitleBroker
Company NameCentury 21 Lanthorn Real Estate Ltd., Brokerage
Address Line OneP.O. Box 699
CityMadoc
State/ProvinceOntario
Zip/Postal CodeK0K 2K0
CountryCanada
Business Phone Number(613)473-1238
Cell Number613-921-7135
FAX Number(613)473-4996
Email AddressSend Email
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