2499 #3 Highway Active

Jarvis,ON N0A1J0

$ 1299000

- Bed

- Bath

9174 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 9,174 sqft

Price per Sqft $141

Subdivision 896 - Jarvis

MLS Listing ID 40691966

Originating Board Cornerstone - Hamilton-Burlington

Property Sub-Type Freehold

Property Description

Looking for a turnkey business offering positive cash flow? Look no further than 2499 Hwy 3 in Jarvis! The 2.5 acres of prime real estate offers ample space for current operations as well as future growth or expansion opportunities. With positive cash flow and a unique commercial zoning designation, the property provides a rare combination of profitability and flexibility. This property is being used as transitional housing by Norfolk County since 2018 and would like to continue. Cash flow includes 14 units being rented monthly at $1,100 plus office at $500 and laundry at $500 for a total of $196,800. As an added bonus, there is a full 2-bedroom apartment on the second floor which the current owners are living in. Don't miss your chance on this excellent opportunity. (id:24570)

Location

State ON

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Total Parking Spaces 30

Private Pool No

Building

Story 2

Sewer Septic System

Others

Ownership Freehold

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