2795 St Joseph Boulevard, OrleansConventGlenandArea, ON K1C 1G4

Orleans - Convent Glen and Area K1C 1G4 Ontario

MLS: X11824403

$2,600,000

Added 152 days ago | For Sale

Listed by: KELLER WILLIAMS INTEGRITY REALTY

About Property

Your opportunity to acquire a high-traffic retail site with a stand-alone building and mid-rise zoning in place in the heart of Orleans. The lot is 18,212 sf with AM3 zoning permitting up to 30 meters of development to a maximum of nine stories. Additional uses include restaurant, retail, mixed-use, and residential to name a few. The building is 1,982 sf and is rented to an auto glass repair tenant with a lease expiring September 30, 2026. The lease is fully triple net. The building has more than 200 amp 600-volt 3-phase power with a transformer installed. Purchase this property for your personal future use or development project. The property valuation reflects the opportunity for an owner/operator, or developer and is not based on the income approach. The tenant has an option to renew the lease for two terms of five years. The Seller is willing to facilitate negotiations for the Buyer to buy out and terminate the lease if vacant possession is desired.

Features

  • House Style:Commercial Retail
  • Bathrooms:1
  • Land Size: 112.39 X 162.26
  • Water:Municipal
  • Garage Spaces: /In/Out
  • Driveway:
  • Heating Fuel:
  • Cross Street:East/West
  • Basement: ,
  • Possession Date:Existing Lease
  • Annual Property taxes: $17163
  • Bedrooms:
  • Total Parking Spaces:22
  • Parking Places:22
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X11824403

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 info@housekarma.ca
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