Commercial/retail For Sale - 350 ST PHILLIPE ST St, Ontario K0B 1A0

location_on 350 ST PHILLIPE St, Alfred and Plantagenet

Commercial/retail

350 ST PHILLIPE St

Alfred and Plantagenet, Ontario K0B 1A0

$479,000

For Sale

Property Information

Investors take note! Great 4plex commercial residential mixed use building in Alfred with net income of approx $38,000 (8% cap rate). All 4 units are currently rented. Main floor has a com. unit rented to a pizzeria at $1,715 before hst + hydro, natural gas and propane for restaurant (base rent increase $80 on January first). Main floor also futures a 2bedr. apart. ($945 plus heat and hydro) and 1 bachelor unit ($478 Hydro included). The 2nd level has 1 large 2 bedroom unit (rented $815+ heat & Hydro) and a large unfinished space that could possibly be added to the pizzeria or for other uses (buyer to verify with local authorities for requirements). 5 hydro meters and 3 gas meters on site. Seller pays hydro for bachelor only. All other tenants pay their own heat and hydro. Property needs some TLC. Call now!

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X9524145
Price : $479,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 32
Address
Postal Code : K0B 1A0
City : Alfred and Plantagenet
Street : ST PHILLIPE
Street Number : 350
Street Suffix : St
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Parking : 6
Brokerage
Office Name : POWER MARKETING REAL ESTATE INC.
Extra Information
Area : Prescott and Russell
living_area : 0
living_area_unit : Sqft
Community : 609 - Alfred
Lease : Sale
Tax Year : 2023

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350 ST PHILLIPE St Alfred and Plantagenet, Ontario K0B 1A0