5200 sqft
$924,900
This 5218 square foot plaza is on the corner of Colborne St E and Rawdon. Three individual businesses each paying Their own Heat, Hydro and Water. Unit 1 rent is $14.25 for 2268 sq ft $32319 per year. Lease runs to December 31, 2028 Unit 2 rent is $8.48 for 950 sq ft. for $8056 per year. Lease is month to month. Unit 3 rent is $8.00 for 2000 sq ft. $16000 per year. CAM costs are $7.05 per sq foot and the lease is month to month. Tenants pay all their own utilities. CAM costs are $7.05 per ft.act Total rent is $56375. The Cap rate is 6.1% . Immediate possession if assuming the tenants. (id:51992)
Property Details
|
MLS® Number
|
40686846 |
|
Property Type
|
Retail |
|
Amenities Near By
|
Public Transit |
|
Features
|
Paved Driveway |
|
Sign Type
|
Pylon |
Building
|
Basement Type
|
None |
|
Exterior Finish
|
Brick |
|
Stories Total
|
1 |
|
Size Exterior
|
5200.0000 |
|
Size Interior
|
5200 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access, Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
111 Ft |
|
Size Irregular
|
0.418 |
|
Size Total
|
0.418 Ac|under 1/2 Acre |
|
Size Total Text
|
0.418 Ac|under 1/2 Acre |
|
Zoning Description
|
C6 C8 |
