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$2,400,000
Available - For Sale
Listing ID: X9502936
Former long term care facility now vacant, excellent opportunity for investor to rebuild. Ideal location Second & Marlborough St. Plans and drawings that are in hand are available under NDA. A Stantec Building condition report indicates the original residential buildings were converted to the present use in the 1960's with further additions in the 1970's and again in 1993. Overall the building boasts some 30,500 sq ft. Roof systems are either asphalt shingle or built up asphalt or membrane roofing. The exterior is brick, with most windows being metal framed with insulating glass. The original buildings were wood frame construction while the additions are thought to be concrete masonry with steel framing. Much of the building is barrier free accessible and serviced with elevators. When last in use the facility boasted 65 rooms, including a mix of private semiprivate and basic accommodation. The facility is complete with common areas, dining facilities, commercial kitchen & more.
Price $2,400,000
Taxes: $51,817
Assessment: $1246000
Assessment Year: 2023
Occupancy by: Tenant
Address: 439 SECOND St East , Cornwall, K6H 1Z2, Ontario
Postal Code: K6H 1Z2
Province/State: Ontario
Legal Description: Pt lot 1 N S second St. Pl Cornwall Pts
Lot Size: 109.28 x 260 (Feet)
Directions/Cross Streets: Corner of Second and Marlborough
Zoning: Special Uses 20
Category: Institutional
Building Percentage: Y
Total Area: 30,000
Total Area Code:  Sq Ft
Retail Area: 0
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Taxes Expense: $51817
Insurance Expense: $10276
Maintenance: 2,940
 Heat Expenses: $14900
 Hydro Expense:  $41340
Water Expense: $1
Other Expenses: $22000
Gross Income/Sales: $0
Net Income Before Debt: $0
Expenses Actual/Estimated: $Est
Sprinklers: N
Heat Type: Other
Central Air Conditioning: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX AFFILIATES MARQUIS LTD.

439 SECOND St East , Cornwall, K6H 1Z2, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
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Lot Size: 109.28 x 260.00(Feet)
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Tax: $51,817
Maintenance Fee: $2,940
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