REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 995,000
Est. payment | /mo
3 Baths
5,600 SqFt
$ 995,000
Est. payment | /mo
3 Baths
5,600 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5600
Square Footage 5,600 sqft
Price per Sqft $177
Subdivision Huntsville
MLS® Listing ID X13678232
Property 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. Contact the Listing Agent for additional details; financial information, and lease documentation. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Radiator
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Listed by INTERNATIONAL REALTY FIRM, INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "