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South Glengarry,ON K6H 5R5
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 26,000 sqft
Price per Sqft $130
Subdivision 723 - South Glengarry (Charlottenburgh) Twp
MLS Listing ID X12083874
Annual Tax Amount $14,450
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
INVESTMENT COMMERCIAL PROPERTY-CORNWALL ONTARIO AREA located in South Glengarry..+/-26000sq.ft. multi-tenanted fully occupied single storey building built on +/-5 acre site in South Glengarry immediately east of the City of Cornwall's Industrial Park. This property is less than 1 mile from the Regional WalMart Distribution facility that is just off Exit 796 on Hwy 401 @ Cornwall. The building is fully leased with the main tenant on a 5 year lease (approx. $185,000 net net net cash flow before debt service, depreciation/see listing broker). Additional development potential with approximately 2.5 acres of surplus land with flexible highway commercial zoning all part of the total 5 acre site. . Showings during business hours only. Copies of leases available with NDA, Phase I Environmental Audit Report in possession of Seller will only be made available to a potential buyer upon (A) an acceptable conditional Agreement of Purchase&Sale and (B)upon buyer signing an acceptable confidentiality agreement. Listing Brokerage has information package for the property upon request. Seller requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s).
Location
Province ON
County Stormont, Dundas And Glengarry
Community 723 - South Glengarry (Charlottenburgh) Twp
Area Stormont, Dundas And Glengarry
Zoning Highway Com (HC-9)
Interior
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 370.0
Lot Depth 590.4
Others
Security Features No