ON
Georgian Bluffs
N4K5N7
202421 Highway 21 N
202421 Highway 21 N, Georgian Bluffs, ON N4K5N7
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Listing Type
Commercial/Industrial
Listing Status
active
44
$799,000

Home Details for 202421 Highway 21 N

Price
$799,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
63
Listing #
X12303135
Property Description

Fantastic investment opportunity on the highly visible and bustling Sunset Strip (Highway 21), just outside Owen Sound. This well-maintained commercial building offers exceptional exposure, ample on-site parking, and over 3,500 square feet of space. The main floor features a large reception area, 10 individual usable rooms plus a laundry room, storage room and a 2-piece bathroom. This C4 zoned commercial space offers flexibility for a variety of commercial or professional uses. The upstairs has a 3-bedroom, 1.5-bath apartment which is included in the current lease. The property currently has an excellent long-term commercial tenant. The tenant has the option to rent for the next 16 years. It has an excellent triple net lease, so the taxes, bills, general repairs, and insurance are covered by the tenant. The 6.5 cap rate makes it an ideal property for all investors. If you are looking to expand your commercial portfolio this property checks all the boxes. (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Other
Listing Courtesy: Ron Hopper Real Estate Ltd.
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1450 Clark Ave W. Unit 25, Thornhill, ON L4J 7R5
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289 597 8733
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