$499,900
Available - For Sale
Listing ID: X13557420
350 St Philippe Street , Alfred and Plantagenet, K0B 1A0, Prescott and Rus
| Excellent opportunity to own a mixed-use income property featuring the well-established Milano Pizza restaurant including a big storage room along with three residential units consisting of one bachelor apartment and two two-bedroom apartments. The commercial space and 2 residential units is occupied by a long-term tenants, providing stable income. One residential unit is currently vacant, giving the new owner the flexibility to set the rental rate at today's market value and increase the property's income potential. The building is heated with natural gas forced-air heating, electric and propane. It offers an attractive opportunity for investors looking to expand their portfolio with a property that combines steady commercial income and residential rental revenue. |
| Price | $499,900 |
| Taxes: | $3568.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 350 St Philippe Street , Alfred and Plantagenet, K0B 1A0, Prescott and Rus |
| Postal Code: | K0B 1A0 |
| Province/State: | Prescott and Rus |
| Legal Description: | Pcl 64 & Pcl 65 Sec M1 |
| Directions/Cross Streets: | Murray St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | T |
| Total Area: | 3477.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 51-99 |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | T |
| Days Open: | O |
| Net Income Before Debt: | $46300 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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Marjan Heidarizadeh
Sales Representative
Dir:
416-400-5987
Bus:
905-456-1000
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Prescott and Russell |
| Municipality: | Alfred and Plantagenet |
| Neighbourhood: | 609 - Alfred |
| Approximate Age: | 51-99 |
| Tax: | $3,568 |
| Fireplace: | N |
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