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038

MLS® X13678232

  • Property Details
  • Map

Description

Prime Huntsville Commercial & Residential Investment Opportunity. Newly painted corner building ideally located on a high-traffic main road in the Town of Huntsville, offering excellent visibility and strong Revenue. The property features 3 income-producing units...1 commercial and 2 residential - generating nearly $90, 000 in gross annual rental income. The convenience store is secured by a 10-year lease, while both residential units are currently leased on 1-year terms. All three leases are available for review. CAP RATE: Over 7% for 2026 and increasing.The property has benefited from over $85, 000 in improvements completed during 2025 and 2026, including: New asphalt parking lot/Exterior painting/Renovations on both residential units/New laundry facilities/Basement foundation work/Two new decks and other Additional property improvements. All invoices for completed work are available.The convenience store has a separate hydro meter. The spacious second-floor residential Units consists of two well-maintained 2-bedroom apartments, each with a separate entrance.The property also offers a large parking area with approximately 8 outdoor parking spaces, providing convenient parking for both commercial customers and residential tenants. A strong opportunity for investors seeking a well-maintained, income-producing property with substantial recent capital improvements and long-term commercial income. (id:58753)Show Description

Key Facts

Levels Commercial Sale
Size 5600 sqft
Taxes $7,609
Days Active 5
Avg. Price Per Sqft $177
MLS® Number X13678232
Central VacNo
FireplaceNo
HeatBaseboard heaters, Radiator
A/CNone

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
93 West Rd, Huntsville, ON

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