Investment Commercial Building for Sale
MLS# H4166684 Price: $2,295,000
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Mixed Use Building with Positive Cash, over 17,973 sq/ft of great space, located on Highway # 20 between Hamilton and Smithville, this mixed use plaza benefits from its prime location with over 210 feet of frontage on Highway 20, situated between Smithville and Hamilton. This offers high visibility and easy access for potential customers, the plaza has been updated (heating, electrical, roofing and so much more) this plaza offers multiple sources of revenue, Residential, Commercial, and up to 45 storage units that will generate additional cash flow and income. Strong predictable monthly cash flow, please review our financial package and documents, 6.19% cap rate, clean phase 1 that has been recently completed.
Property Details: 8268 #20 Highway (near L0R 2A0 )
Listing# 18393
Location
| Address |
8268 #20 Highway |
| City |
Smithville |
| Cross Streets |
L0R 2A0 |
| District |
West Lincoln (10) |
| Neighbourhood |
West Lincoln (056) |
| Listing Agent |
Mark Silenzi |
Description
| Sub Type |
Investment |
Price |
$ 2,295,000 |
| Lease Rate Per |
For Sale |
Approx. Age |
31-50 Years |
| Location |
Smithville |
Heating |
Gas Forced Air Open |
| Square Footage |
17973 |
|
|
Investment Commercial Building for Sale, MLS# H4166684
8268 #20 Highway
Smithville
Ontario
L0R 2A0
Lisa Weber, RE/MAX Escarpment Realty Inc., Brokerage
https://lisaweberteam.ca/images/
502 Brant St
Burlington
ON
L7R 2G4
905-631-8118
$$$
2295000
2023-10-22
MLS# H4166684
RE/MAX-Escarpment-Realty-Inc-Brokerage-MLS-H4166684
Mixed Use Building with Positive Cash, over 17,973 sq/ft of great space, located on Highway # 20 between Hamilton and Smithville, this mixed use plaza benefits from its prime location with over 210 feet of frontage on Highway 20, situated between Smithville and Hamilton. This offers high visibility and easy access for potential customers, the plaza has been updated (heating, electrical, roofing and so much more) this plaza offers multiple sources of revenue, Residential, Commercial, and up to 45 storage units that will generate additional cash flow and income. Strong predictable monthly cash flow, please review our financial package and documents, 6.19% cap rate, clean phase 1 that has been recently completed.
Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.