REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 625,000
Est. payment | /mo
2,400 SqFt
$ 625,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $260
MLS Listing ID X9411646
HOA Fees $491
Annual Tax Amount $11,289
Tax Year 2024
Lot Size 0.500 Acres
Property Description
Great affordable investment of two 1200 sf condo units in the Loyalist Industrial Park. Opportunity is available for ownership of these condos with the current Owner, National Small Engines, to sign back a fully NET lease for a two year term. The rent is to be $12 fully net or $2400/month + HST + Tenant paying all realty taxes, insurance, condo fees and utilities. When lease expires, imagine the flexibility to occupy or again lease to others.
The property has easy access, legal side and rear compound, ample paved parking, and being only about 5 years old, very little maintenance. Both units have a handicap 2 piece bathroom and unit #2 has a 395 sf mezzanine for an office and storage. Ceiling height is 14'3" to drywalled ceiling and mezzanine at 7'3" ceiling height. Both units have a powered overhead drive-in 12' x 12' door, front and rear 36" man-doors and an adjoining man-door.
The property has easy access, legal side and rear compound, ample paved parking, and being only about 5 years old, very little maintenance. Both units have a handicap 2 piece bathroom and unit #2 has a 395 sf mezzanine for an office and storage. Ceiling height is 14'3" to drywalled ceiling and mezzanine at 7'3" ceiling height. Both units have a powered overhead drive-in 12' x 12' door, front and rear 36" man-doors and an adjoining man-door.
Location
Province ON
County Lennox & Addington
Community Lennox And Addington - South
Area Lennox & Addington
Zoning M1-15
Region Lennox and Addington - South
City Region Lennox and Addington - South
Rooms
Basement None
Kitchen 0
Interior
Cooling Unknown
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Building
Foundation Slab
New Construction false
Others
Security Features Unknown
Listed by Rogers & Trainor Commercial Realty Inc., Brokerage
"My job is to deliver more results for you when you are buying or selling your property! "