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$899,900
Available - For Sale
Listing ID: X12459965
Situated On PRIME LOCATION !! This commercial property presents an exceptional investment opportunity. It is strategically situated on the busy main street of Hillsburgh, guaranteeing ahigh volume of traffic and excellent visibility. Currently, the property generates a monthly income of $6,200, boasting a cap rate of 6.4%. It is fully leased with Main Floor Is Leased with Pharmacy on renewal options and upstairs 2 updated residential units are with long term Tenants. This property is not just attractive from a financial standpoint; it has also received recent structural and mechanical upgrades, with more than $150,000 spent on renovations. Thec-1 zoning allows for a variety of commercial uses, adding to its appeal for potential tenants. Conveniently located in close proximity to a range of amenities, including a grocery store, arena, and veterinary clinic, the property also offers ample parking for both tenants and customers, further enhancing its appeal. Overall, this commercial property represents an exceptional investment opportunity due to its prime location, consistent rental income, recent updates, and potential for additional revenue streams A portion of the lot is leased on a grandfathered 99 year lease (20.03ft X 52.29ft )PIN (711390220)from the Township of Erin.
Price $899,900
Taxes: $7,302
Tax Type: Annual
Occupancy by: Tenant
Address: 100 Trafalgar Road , Erin, N0B 1Z0, Wellington
Postal Code: N0B 1Z0
Province/State: Wellington
Directions/Cross Streets: Trafalgar Rd & Geroge St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 3,650
Total Area Code:  Square Feet
Office/Appartment Area: 1550
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE FLOWER CITY REALTY

100 Trafalgar Road , Erin, N0B 1Z0, Wellington


 
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At a Glance:
Type: Com - Commercial Retail
Area: Wellington
Municipality: Erin
Neighbourhood: Rural Erin
Style:
Lot Size: x 115.47(Feet)
Approximate Age:
Tax: $7,302
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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