INVESTMENT COMMERCIAL PROPERTY-CORNWALL ONTARIO AREA located in South Glengarry..+/-26000sq.ft. multi-tenanted fully occupied single storey building built on +/-5 acre site in South Glengarry immediately east of the City of Cornwall's Industrial Park. This property is less than 1 mile from the Regional WalMart Distribution facility that is just off Exit 796 on Hwy 401 @ Cornwall. The building is fully leased with the main tenant on a 5 year lease (approx. $185,000 net net net cash flow before debt service, depreciation/see listing broker). Additional development potential with approximately 2.5 acres of surplus land with flexible highway commercial zoning all part of the total 5 acre site. . Showings during business hours only. Copies of leases available with NDA, Phase I Environmental Audit Report in possession of Seller will only be made available to a potential buyer upon (A) an acceptable conditional Agreement of Purchase&Sale and (B)upon buyer signing an acceptable confidentiality agreement. Listing Brokerage has information package for the property upon request. Seller requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s). (id:13843)
MLS# | X12083874 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 11 |
Listing Provided By | CAMERON REAL ESTATE BROKERAGE | JOHN A.(SANDY) CAMERON |
Bath(s) | 3 Total |
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SQ Feet | 26,000 |
Zoning | Highway Com (HC-9) |
Province | ON |
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City | South Glengarry |
Postal Code | K6H5R5 |
Listing VS Median (in K6H5R5) | |
Price: $3,400,000 low | high Med: $1,379,894 SqFt: 26,000 low | high Med: 1,082 $ / SqFt: $131 low | high Med: $5,678 On site: 11 low | high Med: 54.000000 |