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Listed by Peter R. Hogeterp • RE/MAX Escarpment Realty Inc.
$975,000
Est. payment /mo
4,231 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4001 to 5000
Square Footage 4,231 sqft
Price per Sqft $230
MLS Listing ID H4203349
Property Sub-Type Retail
Property Description
Tremendous Hagersville Commercial/Residential Opportunity. Includes extensively updated in 2019 "Turn Key" cash flowing property offering 2 storey 4231sf building boasting stunning frontal façade incs numerous recent "hi-end" updates throughout both the commercial & residential units. Rarely do properties with this high visual/pedestrian exposure location, large lot size, huge rear paved parking lot, premium upgrades, & overall potential come for sale. Be a part of this rapidly expanding town's demographics of homes, condos, & overall development - the Commercial component will be sure to benefit. GROSS INCOME of $69,000 includes both the main level commercial unit & stylish upper level residential apartment. The Buyer will assume the quality commercial/restaurant tenant who has signed a 5 year lease commencing August 8, 2022 - ending at 12.00 noon on April 1, 2027. The beautifully finished upper level apartment would make offers eat in kitchen with quartz countertops, spacious living room complimented with feature fireplace set in stone hearth, 2 bedrooms, bathroom, en-suite, laundry, & relaxing balcony area. All restaurant equipment belongs to the Commercial Tenant. Conveniently located on Hwy 6 corridor, easy commute to 403, QEW, & close access to Port Dover & Lake Erie. Call today for more information & to Experience the Loyalty & Opportunity that Hagersville has to offer.
Location
Province ON
County Haldimand County
Direction HIGHWAY 6 INTO HAGERSVILLE- PROPERTY IS ON THE RIGHT
Interior
Heating Gas Forced Air Open
Exterior
Utilities Available Available
Waterfront Description None
Present Use HSPITALITYFOOD
Lot Frontage 49.0
Lot Depth 219.0
Building
Sewer Sanitary & Storm
Water Municipal
Others
SqFt Source Other (see Remarks)
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