Excellent Opportunity To Acquire A Neighbourhood Plaza. 3,750 Sq.Ft Of Retail Area Plus One Apartment On 2nd Fl. Located On Busy York Rd, 4 Lane Main Road In Near Future. Close To Under-Serviced Large Residential Area. 5 Min. Drive To Guelph University. Permitted Usage: Restaurant, Commercial Entertainment, Hotel, Repair Services, Recreation Centre, And Vehicle Sales. Great Opportunity For The Investor Or End User. Opportunity To Develop Multi-Residential. Currently 1 unit vacant (interested potential tenant ) Potential Net Income of $113,500 with 100% occupancy. Priced at $600 psf Retail area and 5 % Cap rate. (id:61239)
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
| MLS® Number | X12587692 |
| Property Type | Retail |
| Community Name | Grange Road |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 20 |
| Bathroom Total | 4 |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,500 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 88 Ft |
| Size Frontage | 157 Ft |
| Size Irregular | 157 X 88 Ft |
| Size Total Text | 157 X 88 Ft |
| Zoning Description | Sc-2-10 |
https://www.realtor.ca/real-estate/29148686/800-808-york-road-guelph-grange-road-grange-road
Contact us for more information
Aman Sethi
Broker
(905) 456-1010
(905) 673-8900
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