Description
CALLING ALL INVESTORS & ENTREPRENEURS! TWO TENANTED PROPERTIES! UNBELIEVABLE INVESTMENT OPPORTUNITY TO OWN TWO COMMERCIAL & RESIDENTIAL MIXED-USE BUILDINGS KNOWN AS #533 & #537 CHRISTINA ST.N., SARNIA. 72' FT OF FRONTAGE X 132' DEPTH LOTS OF PRIME REAL ESTATE WITH HIGH VISIBILITY AND TRAFFIC COUNT SITUATED IN THE DOWNTOWN CORE, CLOSE PROXIMITY TO SARNIA'S CENTENNIAL PARK & BEAUTIFUL WATERFRONT. THIS PARCEL BOASTSRESIDENTIAL TENANTED APARTMENTS & COMMERCIAL BUILDINGS THAT HAVE BEEN HOME FOR OVER 60 YEARS TO ESTABLISHED FAMILY OWNED TRAVEL AGENCY & PRINTING COMPANY, BOTH SARNIA LANDMARKS, AS WELL AS A LOCAL MULTI-CUISINE TAKE OUT. THIS PACKAGE DEAL OFFERS LOTS OF ROOM TO EXPAND OR CREATE NEW BUSINESS & DEVELOPMENT. CURRENTLY, A GOOD GENERATING INCOME PER YEAR WITH A 7% CAP RATE, WHICH COULD INCREASE WITH FURTHER DEVELOPMENT OF THE LAND WITH (GC-3) GENERAL COMMERCIAL 3 ZONING. LOCATED NEAR THE BLUEWATER BRIDGES(US BORDER) & HWY 402 MAKING COMMUTING EASY. ON SITE FRONT & BACK PARKING PROVIDES EASY ACCESS FOR CLIENTELE, THE LOCATION IS YOUR BLANK CANVAS READY FOR ENDLESS POSSIBILITIES!
Overview
Property ID:
X12154540
Type:
Commercial Retail
Square:
7,000 m²
Price:
$1,199,800
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
No
Heating:
Gas Forced Air Closed
ParkingFeatures:
Outside/Surface
YearBuilt:
Unknown
TaxAnnualAmount:
10416.39
PossessionDetails:
60 DAYS NEG
Map
-
AddressSarnia
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