Description
Commercial Mixed-Use Property located at the most prominent spot on Queens Circle in Crystal Beach. This property generates an annual rental income of $138,000 from 3 retail businesses and 5 apartment units, along with a stable income from a well-established variety business currently operated by the owner. Additionally, there is seasonal food truck rental income of $650 per month and significant extra income from a seasonal mini garden centre. During the summer, the area is bustling with visitors from outside who come to enjoy the famous Crystal Beach. The current owner, who has owned the property for 23 years, is now seeking a new owner. If the new owner wishes, the variety store can continue to operate with a monthly rent of $2,500 by the current owner.
Overview
Property ID:
X12362219
Type:
Commercial Retail
Square:
12,563 m²
Price:
$2,350,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Gas Forced Air Closed
ParkingFeatures:
Outside/Surface
YearBuilt:
Unknown
TaxAnnualAmount:
7500
PossessionDetails:
TBD
Map
-
AddressFort Erie
Contact Agency
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