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$ 1,150,000
Est. payment | /mo
$ 1,150,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision 2009 - Chapel Hill
MLS® Listing ID X9514949
Originating Board Ottawa Real Estate Board
Property Description
Situated in a prime location in Orleans, this fully rented 2152 square foot stand alone building sits on a 16340 square foot lot fronting on St Joseph blvd. This turn key investment property offers a renovated building, ample parking and a 10 year lease. The current tenant is on a ten year lease which ends August 31, 2033. Current rent is $19.50 per square foot or $41964.00 per annum. Rent escalation to take place each year through 2033. Tenant pays an additional rent of $12.01 per square (property taxes, insurance, maintenance). Tenant pays all utilities. (id:24570)
Location
State ON
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
Listed by RE/MAX ABSOLUTE WALKER REALTY
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