Address
21980 HIGHWAY 7 HIGHWAY Maberly, ON
Price
$ 569,000
Property Attributes
  • ID#1234302
  • TypeCommercial
  • CityMaberly
  • NeighbourhoodMaberly Tay Valley
  • Postal CodeK0H 2B0
  • Style
  • Price$ 569,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Hamid Riahi with Power Marketing Real Estate Inc.
Data Source:
RLP - CREA EN
Property Description

Investors take note! Great commercial Plaza with 2 buildings, gross rent of approximately $60,000 with potential Cap Rate of at LEAST 7! This great plaza includes multiple commercial incomes as well as residential 3 bedroom apartment for rent. The Restaurant and Bar has a cap of 50 people. The commercial kitchen includes a separate walk in fridge and freezer. This property also includes an office space on the mezzanine floor and a big attic used for storage. All units have separate entrances but the first floor units have shared bathroom facilities. Well is spring fed with pump and pressure tank (2011). Property is situated on a large 1.31 acre lot. Owners can run the restaurant & bar or rent it out, restaurant has a large patio, and the apartment is given to the restaurant chef now. Sewer septic system building has an extra electric generator! A must see! 24 hours notice needed for showings. (id:27)

General Features

Parking Spaces 50

Exterior Features

Lot Frontage 274.8
Jumpid 14736265
Mls 1234302

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in K0H 2B0

Price
AVG $280K
$570K
Visits
AVG 325
320

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