This 5218 square foot plaza is on the corner of Colborne St E and Rawdon. Three individual businesses each paying Their own Heat, Hydro and Water. Unit 1 rent is $14.25 for 2268 sq ft $32319 per year. Lease runs to December 31, 2028 Unit 2 rent is $8.48 for 950 sq ft. for $8056 per year. Lease is month to month. Unit 3 rent is $8.00 for 2000 sq ft. $16000 per year. CAM costs are $7.05 per sq foot and the lease is month to month. Tenants pay all their own utilities. CAM costs are $7.05 per ft.act Total rent is $56375. The Cap rate is 6.1% . Immediate possession if assuming the tenants. (id:50886)
MLS® Number | 40686846 |
Property Type | Retail |
AmenitiesNearBy | Public Transit |
Features | Paved Driveway |
SignType | Pylon |
BasementType | None |
ExteriorFinish | Brick |
StoriesTotal | 1 |
SizeExterior | 5200.0000 |
SizeInterior | 5200 Sqft |
UtilityWater | Municipal Water |
AccessType | Road Access, Highway Access |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Municipal Sewage System |
SizeFrontage | 111 Ft |
SizeIrregular | 0.418 |
SizeTotal | 0.418 Ac|under 1/2 Acre |
SizeTotalText | 0.418 Ac|under 1/2 Acre |
ZoningDescription | C6 C8 |
https://www.realtor.ca/real-estate/27768504/541-colborne-street-e-brantford
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