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$2,599,000
Available - For Sale
Listing ID: X9410598
The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action.
Price $2,599,000
Taxes: $136,113.59
Assessment: $19244000
Assessment Year: 2023
Occupancy by: Tenant
Address: 132 SECOND St East , Cornwall, K6H 1Y4, Ontario
Postal Code: K6H 1Y4
Province/State: Ontario
Legal Description: See Remarks
Directions/Cross Streets: Second Street E between Amelia and Sydney St.
Zoning: CBD
Category: With Property
Total Area: 36,415
Total Area Code:  Sq Ft
Approximatly Age: 51-99
Chattels: N
Outside Storage: N
Rail: N
Crane: N
Elevator Lift: Public
Sewers: Sewers
Water: Municipal
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Re/Max Rise Executives, Brokerage

132 SECOND St East , Cornwall, K6H 1Y4, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Stormont, Dundas and Glengarry
Municipality: Cornwall
Neighbourhood: 717 - Cornwall
Style:
Lot Size: 122.00 x (Acres)
Approximate Age: 51-99
Tax: $136,113.59
Maintenance Fee: $0
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