541 COLBORNE Street E new

Brantford,ON N3S3P4

$ 924900

- Bed

- Bath

5200 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $177

Subdivision 2044 - Victoria/Arthur

MLS Listing ID 40686846

Originating Board Brantford Regional Real Estate Assn Inc

Lot Size 0.418 Acres

Acres 18208.08

Property Description

This 5218 square foot plaza is on the corner of Colborne St E and Rawdon. Three individual businesses each paying Their own Heat, Hydro and Water. Unit 1 rent is $14.25 for 2268 sq ft $32319 per year. Lease runs to December 31, 2028 Unit 2 rent is $8.48 for 950 sq ft. for $8056 per year. Lease is month to month. Unit 3 rent is $8.00 for 2000 sq ft. $16000 per year. CAM costs are $7.05 per sq foot and the lease is month to month. Tenants pay all their own utilities. CAM costs are $7.05 per ft.act Total rent is $56375. The Cap rate is 6.1% . Immediate possession if assuming the tenants. (id:24570)

Location

Province ON

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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