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$1,250,000
Est. payment /mo
5,770 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,770 sqft
Price per Sqft $216
Subdivision Ennismore Township
MLS® Listing ID 40773796
Property Sub-Type Freehold
Source Barrie & District Association of REALTORS® Inc.
Property Description
Prime Investment Opportunity: High-Traffic Multiplex with Stable Income! Presenting a rare and exceptional investment opportunity at 822 Ward St. in the heart of Bridgenorth, Ontario. This impressive 7-unit multiplex is a cornerstone property, delivering strong financials and attractive CAP rates, making it a valuable addition to any investor's portfolio. Situated on a sprawling half-acre lot in a high-traffic area, this property offers outstanding visibility and accessibility. The building features a strategic mix of four residential and three commercial units, creating a diverse and resilient income stream. The main floor commercial space is anchored by reliable, long-term tenants, providing immediate and consistent revenue. This well-maintained property is a turnkey investment designed for performance. The combination of residential apartments and commercial storefronts minimizes vacancy risk and maximizes earning potential. Its prime location ensures high demand from both residential tenants seeking convenience and businesses looking for a prominent commercial address. This is more than just a property; it's a powerful income-generating asset in a growing community. Capitalize on the stability of long-term commercial leases and the consistent demand for residential housing. Don't miss your chance to acquire this premier Bridgenorth investment property. Contact us to learn more about the financials and secure your investment. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 3
Sewer Septic System
Others
Ownership Freehold
Virtual Tour https://youtu.be/JjtTcChPqW4
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Listed by RE/MAX Crosstown Realty Inc. Brokerage
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