100 TRAFALGAR ROAD Active

Erin (hillsburgh),ON N0B1Z0

$ 999900

- Bed

- Bath

3650 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,650 sqft

Price per Sqft $273

Subdivision Hillsburgh

MLS Listing ID X9394595

Originating Board Toronto Regional Real Estate Board

Property Description

Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing a high volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boasting a cap rate of 6.4%. It is fully leased with Main Floor Is Leased with Pharmacy on renewal options and upstairs 2 updated residential units are with long term Tenants.This property is not just attractive from a financial standpoint; it has also received recent structural and mechanical upgrades, with more than $150,000 spent on renovations. The C-1 zoning allows for a variety of commercial uses, adding to its appeal for potential tenants.Conveniently located in close proximity to a range of amenities, including a grocery store, arena, and veterinary clinic, the property also offers ample parking for both tenants and customers, further enhancing its appeal.Overall, this commercial property represents an exceptional investment opportunity due to its prime location, consistent rental income, recent updates, and potential for additional revenue streams. (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

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