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$3,795,000
Est. payment /mo
14,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 14,800 sqft
Price per Sqft $256
MLS® Listing ID 25025151
Property Sub-Type Freehold
Source Windsor-Essex County Association of REALTORS®
Property Description
Significant Opportunity is now available in the Town of Harrow, Essex Ontario. 3.546 Acres located on the edge of town, Commercial district 3.1 zoning (Highway Commercial). Fully serviced property on both Southerly and Easterly borders adjacent to Queen Street and Sinasac Street West. 9,000 sf commercial building, and a 5,800 sf (The Old Mill) commercial building as well as a canopy covered gas bar. All are operating with significant revenues. 2 -Steel Silos that can be back to being operational. 32 Storage bins on site, fully leased with excellent income. Large open gravel parking lot for trucks and buses surrounds the commercial buildings. Cash flows currently producing steady 7% Cap Rate with significantly more return (%) upside potential ""within existing operating business(s)"" on property as ""organic growth"" by utilizing current property as is or seeking change of use such as multi-residential / mixed use multi-residential future development. (Subject to zoning changes, permits, studies, environmental et. al.) VTB available and negotiable. Incredible opportunity for many uses. Please call L/S to arrange a tour. Information Brochure will become available. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating ,
Cooling Central air conditioning
Flooring Ceramic/Porcelain, Concrete
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://vimeo.com/1120598080?fl=pl&fe=sh
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Listed by ROYAL LEPAGE BINDER REAL ESTATE
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