Waterfront
$4,999,000
PROPERTY ASSEMBLAGE FOR SALE. RESIDENTIAL/COMMERCIAL MIX PROPERTY OVERLOOKING THE ST CLAIR RIVER & IN SARNIA'S HIGHEST POPULATION DENSITY AREA. CONSISTING OF 11 RESIDENTIAL UNITS & 5 COMMERCIAL UNITS. THE HOUSES AND BUILDINGS HAVE ALL HAD EXTENSIVE UPGRADES. HIGHLY SOUGHT AFTER RESIDENTIAL UNITS ARE TASTEFULLY DECORATED & COMMAND TOP END LEASING RATES. STRONG ROSTER OF COMMERCIAL TENANTS TAKE ADVANTAGE OF THIS PREMIUM LOCATION & AMENITIES. THIS PROPERTY IS TRULY INSPIRING AESTHETICALLY & IS BUILT TO BE EFFICIENT AS AN INCOME GENERATOR. CURRENTLY GROSSING APPROX $500,000 ANNUALLY, THE PROPERTY ALSO HAS FUTURE DEVELOPMENT OPTIONS AS THE 1.72 ACRE SITE HAS FRONTAGE ON 3 STREETS. CALL FOR INCOME & EXPENSE INFO. 2 SHAREHOLDERS ARE REAL ESTATE AGENTS IN THE PROVINCE OF ONTARIO (id:64343)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Residential |
Property Details
|
MLS® Number
|
26008655 |
|
Property Type
|
Industrial |
|
Features
|
Corner Site, Visual Exposure |
|
Water Front Type
|
Waterfront |
Building
|
Constructed Date
|
1960 |
|
Type
|
House |
Land
|
Acreage
|
No |
|
Size Irregular
|
225.58 X 285 / 1.72 Ac |
|
Size Total Text
|
225.58 X 285 / 1.72 Ac |
|
Zoning Description
|
Gc2 |
https://www.realtor.ca/real-estate/29634325/140-front-street-sarnia