Financing available ! ! !


Property

Website:https://www.nestseekers.com/5616634
Address:
Orleans - Cumberland and Area K1E 2H5
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C2,850,000
($2,010,900)
(€1,761,800)
Annual Taxes:C31,751

Description

Financing available!!!!!! This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario