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$1,300,000
Est. payment /mo
5,196 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,196 sqft
Price per Sqft $250
Subdivision Woodstock - South
MLS® Listing ID 40600903
Originating Board Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
Property Description
Commercial building with C5 zoning provides for a variety of uses. This building is fully compliant of Building Codes and Fire Codes and has been updated and well maintained and includes 3 dedicated parking spaces at rear of building in addition to the ample street parking available. The commercial space is fully rented with the front Retail space leased as an established and expanding Bakery utilizing 1696 sq ft with new furnace, A/C and a HRV system. The back Shop is huge at 1320 sq ft with new insulated garage door (12 x 8ft), man door and features a large gas radiant heater in addition to the Furnace and A/C. The Shop includes a washroom, office and access to the basement which offers 2321 sq ft of storage space. There are Four 2 Bedroom, 1 Bath apartments with postal addresses 602 Dundas St, 3 of which are tenanted with one being updated and easy to view. Each unit with fridge/stove and owned water heaters. Secure entry to apartments and common area monitored by security camera as well as building exterior. This building has updated 400 amp hydro to the building and each unit is separately metered with its own updated heating and cooling units (less 2 of the apartments which use window or portable air conditioners) Units are available to view by appointment only. Property taxes and water bills are paid by the landlord, while the rest of the utilities are paid by the tenants. Excellent Cap Rate! (id:24570)
Location
Province ON
Exterior
Garage Yes
Community Features High Traffic Area
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold