Description

ASKING PRICE
$2,935,000 ($183.44 PSF)

RENTABLE AREA
16,000 SF

INCOME
$176,000 per year

PROPERTY TAXES
$32,096

LEASE TERM
Expires May 31, 2020

CAP RATE
7.0% (not including management fees)

MANAGEMENT FEE
(+/- $1000.00/mo) payable by Tenant (5% of Gross Rent)

ZONING
Downtown - By-Law 100/204

PARKING
2 stalls [+ room for Bin] owned by Landlord at rear of building

Disclaimer:

The information contained herein has been obtained by sources deemed reliable by the individual listing agent and RE/MAX professionals but neither can guarantee the accuracy of the information.

The trademarks REALTOR, REALTORS and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Listing data last updated date: 2017-07-19 15:41:57

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