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$ 1,299,000
Est. payment | /mo
9,174 SqFt
$ 1,299,000
Est. payment | /mo
9,174 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
Listed by Royal LePage Macro Realty
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