7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. This can be a turn-key investment or for self use owner occupied as well. 3 Apartments on the upper floor. Each unit approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 two bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-key investment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:2493)More details
Introducing a stunning commercial retail space in the heart of West Centre town! This immaculate property, currently configured as an optometrist business, boasts approximately 1620 square feet of prime retail space. Meticulously maintained, the interior is in mint condition, providing an inviting atmosphere for various business endeavours. Space includes open area for retail, private examination rooms, offices, bathroom, kitchenette area for staff, reception area, waiting area and storage. Situated in a prime location within the city, this retail space offers convenient access with ample street parking, ensuring maximum visibility for your business. The all-inclusive rent, except for utilities, simplifies your operational costs, allowing you to focus on what matters most – your business. Ideal for a long-term commitment, the landlord prefers a minimum 5-10 year lease, although terms are open to negotiation. Don't miss this opportunity to establish your business in a thriving area. (id:2493)More details
Data was last updated January 19, 2025 at 12:45 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.