Prime Investment Opportunity - Fully Leased Commercial Property. An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. Vacant lot at 3833 McBean also available for sale. (41472006)
Cross Streets: McBean and Richland. ** Directions: From Perth St in Richmond, take McBean for about 2km. Property is on the left.
Land Size
99.91 x 235.74 FT
Annual Property Taxes
$4,591.68 (CAD)
Time on REALTOR.ca
59 days
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