Commercial building must be sold this year, 21000+ sf, 45 mins to Ottawa, excellent return, extensiv

Commercial building must be sold this year, 21000+ sf, 45 mins to Ottawa, excellent return, extensiv

am 16.08.2005 22:22:25 von nortelsale


Price: $749,900. Excellent high double digit rate of net return. Net
$107,000.
Located in downtown Smiths Falls, Ontario. 45 mins drive to Ottawa, 30
mins to Kanata. Walk to all amenities and businesses. Over 21,000
square foot interior space. Currently 13 apartments (own kitchen,
bathrm), one large commercial tenant, 8 single residential bachelor
units (shared bathrm), 3 offices and numerous storage rooms. Always
well rented. Excellent return. Masonary structure. Huge improvements in



last two years inclusing new roof ($30K) in Dec 2003. Building was
completely fire retrofitted in 2005 (over $60K). High ceiling between
the floors, large room windows, wide stairs, mosaic windows, beautiful
antique modelings. Full size full height basement. Prime Minister of
Canada used to come to the building for business and pleasure.For
photos and contact info go to
or
Email:mwintrust at yahoo.ca