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$1,875,000
Available - For Sale
Listing ID: X9516230
Prime industrial, retail, & residential property located on the main corridor at the entrance to the town of Embrun. The building is 5,000 square feet at street level plus a single one-bedroom residential apartment on the second floor. Vacant possession of 3,000 SF of the retail industrial portion of the building will be available on April 1, 2025, as one of the leases expires. The second unit on the ground floor is 2,000 square feet and will become vacant on August 1, 2026. Water, sewer, gas, and hydro. It is a fantastic opportunity for an investor to acquire a strategic asset and operate their business on the main retail strip in the rapidly growing town of Embrun. Open your business within the 3,000 SF unit starting April 1, 2025, and expand your company into the remaining 2,000 SF when the lease expires. If desired, nearly one acre of land with lots of parking and a large grassy backyard can be paved. Continue renting the property for revenue, or use the building for your business.
Price $1,875,000
Taxes: $12,357
Occupancy by: Tenant
Address: 671 NOTRE DAME St , Russell, K0A 1W1, Ontario
Postal Code: K0A 1W1
Province/State: Ontario
Legal Description: PT LT 9 CON 6 RUSSELL PT 2, 50R936, S/T
Lot Size: 199.81 x 199.77 (Feet)
Directions/Cross Streets: It is located at the entrance to the town of Embrun. Take the TransCanada Highway South at the Embru
Zoning: Commercial
Total Area: 5,000
Office/Appartment Area: 0
Gross Income/Sales: $106687
Net Income Before Debt: $85725
Clear Height Feet: 20
Grade Level Shipping Doors #: 3
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KELLER WILLIAMS INTEGRITY REALTY

671 NOTRE DAME St , Russell, K0A 1W1, Ontario


 
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At a Glance:
Type: Com - Industrial
Area: Prescott and Russell
Municipality: Russell
Neighbourhood: 602 - Embrun
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Lot Size: 199.81 x 199.77(Feet)
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Tax: $12,357
Maintenance Fee: $0
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