$749,900
Available - For Sale
Listing ID: X11897996
1802 Highway 21 Rd , Kincardine, N2Z 2X4, Ontario
| 6.5% Cap Rate for this highly visual, well maintained commercial building fronting on Highway 21 at the north entrance to Kincardine. The 3,200 square foot building is zoned C2-r Highway Service Commercial with the a provision allowing for office use. The building is fully tenanted with longer term leases in place. The north unit has forced air propane heat with central air while the middle and south units are baseboard electric heat. This property provides an attractive income with little maintenance or upkeep to worry about! |
| Price | $749,900 |
| Taxes: | $6036.58 |
| Tax Type: | Annual |
| Assessment: | $234000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 1802 Highway 21 Rd , Kincardine, N2Z 2X4, Ontario |
| Postal Code: | N2Z 2X4 |
| Province/State: | Ontario |
| Legal Description: | PT LT 1 CON 2 NDR KINCARDINE PT 3 3R1239 |
| Lot Size: | 150.13 x 96.10 (Feet) |
| Directions/Cross Streets: | Hwy #9 |
| Category: | Highway Commercial |
| Use: | Service Related |
| Building Percentage: | Y |
| Total Area: | 3200.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2900 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Rec Centre |
| Taxes Expense: | $6037 |
| Insurance Expense: | $2350 |
| Water Expense: | $1000 |
| Gross Income/Sales: | $61120 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Outside Storage: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | N |
| Sewers: | Septic |
| Water: | Well |
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| RE/MAX Land Exchange Ltd. |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Bruce |
| Municipality: | Kincardine |
| Neighbourhood: | Kincardine |
| Lot Size: | 150.13 x 96.10(Feet) |
| Tax: | $6,036.58 |
| Maintenance Fee: | $2,875 |
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