147 Main Street Morrisburg, Ontario K0C 1X0
$749,900
5 Unit strip mall , located in the commercial zone of the Morrisburg Mall hub. High Visibility with direct client parking , with strong foot traffic & County rd. 2 sign/building visibility. Currently 3 units leased with 2 units available . Units have sign options facing west and north. Opportunity to purchase a commercial building for your investment portfolio with a strong capitalization rate. Mall has always been full however recent Covid issues have impacted tenancy , with vaccine on the way , this property will emerge as a great upside investment. Cap rate is 6.1% when full tough to find in this market any more .Viewings m-f between 4;30-8 pm and weekends 9-5 so as not to disturb great tenants . non-disclosure required for financials. Unit sizes (sq. Ft.) are 1A-680,1B-1400,2- 1170, 3-1025, 4-420. Income listed is potential, Mls # 1223195, is available for lease making this a perfect opportunity for an end user to set up location and have mall tenants pay /defer your costs. (id:29904)
Property Details
| MLS® Number | 1223329 |
| Property Type | Retail |
| Neigbourhood | MORRISBURG |
| Parking Space Total | 15 |
Building
| Fireplace Present | No |
Land
| Acreage | No |
| Size Depth | 152 Ft ,7 In |
| Size Frontage | 102 Ft |
| Size Irregular | 102 Ft X 152.57 Ft |
| Size Total Text | 102 Ft X 152.57 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/22731892/147-main-street-morrisburg-morrisburg
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Solid Rock Realty
January 20 2021 03:10:25
