| Message Number | 390425 | ||||||||
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| status | Active | ||||||||
| Subject Line | "FIRST TIME on ICIWorld MARKET!" Prime retail FULLY LEASED streep PLAZA with anchored RONA and NEW hotel 21 rooms in GRAND BEND. NOI$271K+$. $4,199,000. | ||||||||
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| Location, City | GRAND BEND | ||||||||
| Have/Want | Have | ||||||||
| Business category | Shopping Centres/Strip Plazas/Retail | ||||||||
| Date of Listing | July 16 2020 | ||||||||
| Type Description | Strip Plaza with HOTEL | ||||||||
| Location | face on Major road | ||||||||
| Price | $4,199,000.00 | ||||||||
| Price Comment | Very firm but represents good value! | ||||||||
| Building area | 20088 | ||||||||
| Site area | 1.29AC | ||||||||
| Zoning | Commercial | ||||||||
| Expenses | $100.198 | ||||||||
| Net Income | 370,503 - $100,199 = $270, 304 | ||||||||
| Comments | AMBER PLAZA FOR SALE
Located on 99 ONTARIO STREET SOUTH GRAND BEND, ON, NOM 1TO First floor � 12,088 SF; Second floor � 8,500 SF; Development opportunity � 9,812 SF. The subject property is situated in the southeast sector of the Town of Grand Bend, ON on the west side of Ontario Street South or Highway 21 (also known as The Bluewater Highway because it runs so close to the shoreline of Lake Huron). The site has an area of approximately 1.29 acres and is zoned Commercial 2 (C2). The site is improved with multi-tenant strip mall. The front yard paved areas have 83 parking sites. The Town of Grand Bend is part of the municipality of Lambton Shores in the County of Lambton. Grand Bend is located on the eastern shores of Lake Huron, about 40 minutes north of London, 50 minutes north from Port Huron, and 2,5 hours West of Toronto. Grand Bend's population in 2011 was 2,100. Grand Bend's population increases to over 50,000 in the summer month�s season. Grand Bend is an established all-year tourist destination for both domestic and international tourists especially from USA. The subject property is located just 8 km west of the world-famous Pinery Provincial Park. The Grand Bend Marina is one of three in Canada that is internationally recognized as a Blue Flag marina. Grand Bend's attractions are enhanced by its close proximity to Grand Bend Motorplex & International Speedway, one of Canada's premier racing facilities. Grand Bend has excellent highway access including Highway 402, which connects Highway 401 to Michigan's Interstate 94/69/75 network. EXTERIOR CONSTRUCTION DETAIL OF THE BUILDING Exterior Wall Material: Stucco exterior around the front of the building, with concrete block in the rear. Roof Style: Partly flat and partly gabled. Roof Construction: There are asphalt shingles on the roof. Windows: Sealed fixed units, set into aluminum curtain wall framing. Exterior Doors: Metal with glass inserts. INTERIOR DESCRIPTION Floor Layout: 12,088 SF main level is divided into four separate commercial units, each demised to the individual tenant's requirements. The second floor is comprised of 8,500 SF and houses a 21 unit hotel. Development opportunity to build up second and third floor above 4,906 SF part, in total of 9,812 SF. Floor Cover: First floor: ceramic and vinyl tile. Second floor: laminate Partition Walls: Painted drywall. Ceilings: Dropped Ceiling, Acoustic Tile. Interior Doors: Hollow Core and solid Wood. Restrooms: Each commercial unit comprises a minimum of two 2-piece bathrooms. Lighting: First Floor: Fluorescent and incandescent fixtures. Second floor and exterior: LED fixtures. Brand new boutique hotel offers clean and comfortable accommodation with modern d�cor and local flair. Our rooms are designed with your comfort in mind: soundproof walls, black-out drapes and the newest style Euro-top mattresses guarantee a superior sleep experience. Each room features anti-allergenic non-carpet flooring, water based heating system, an individually controlled A/C and daily housekeeping service. Each room is also equipped with features that will enhance your experience: free WiFi, a flat screen TV with cable channels, and a single-cup coffee brewing station. MECHANICAL SYSTEMS Heating System: The units on the first floor are heated by an individual forced air gas furnace. The Hotel is heated by hydronic ductless heating. Cooling System: Central air conditioning units run in conjunction with the forced air gas units. Each hotel room has individual ductless split A/C. Plumbing: Copper and PVC. Electrical Service: 1200 amp, 3 phase service located below Pizza Delight subdivided and individually metered to each of the tenant spaces. GENERAC Back-up generator. Fire/Safety Systems: Alarm and video surveillance system. Elevator: One freight elevator located in at the rear of the unit 3 from the main level to the part basement below. Questions or comments. Thinking about buying, selling, or investing and want the advice of a professional who understands the market? Please, Contact me. | ||||||||
| Internet Links | |||||||||
| Member Identifier | 1591 | ||||||||
| Client Details | Builder/Developer User/Manager |
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| Client Situation | Geographical Health |
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| Motivation Rating | Will only Take Perfect Transaction | ||||||||
| Client Will | Exchange Portion | ||||||||
| Client Wants | Business Opportunity | ||||||||
| Explain Client's Motivation | New opportunity | ||||||||
| Broker's Recommendation | Commission for Co-operative Broker - 1.5% | ||||||||
| Time Factors, Drop Dead Dates | 30-90 Days/TBA | ||||||||
| Control | Regular Client | ||||||||
| Name | Gennady G. Venderov | ||||||||
| Title | Sales Representative | ||||||||
| Company Name | RIGHT AT HOME Realty INC. Real Estate Brokerage | ||||||||
| Address Line One | #3-4 Building"B", 1550 16-th Avenue | ||||||||
| City | Richmond Hill | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L4B 3K9 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (905)695-7888 | ||||||||
| Cell Number | (416) 723-4663 | ||||||||
| Home Number | (416) 723-4663 | ||||||||
| FAX Number | (905) 695-0900 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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