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276 S COPPER Avenue in No City Value: Out of Town Retail for sale : MLS®# C8046610

276 S COPPER Avenue No City Value V0H 1J0 : Out of Town

Main Photo: 276 S COPPER Avenue in No City Value: Out of Town Retail for sale : MLS®# C8046610
$788,000
Prop. Type:
Retail
MLS® Num:
C8046610
Status:
Active
Build. Type:
Freestanding
Historic Greenwood Sears Building For Sale! The 3-storey building is situated on a Approx 5009.4 sqft lot with a approx. 1,655.28 sqft lot as access to the 3 commercial units. The second level has 3 residential units with 0% Vacancy. The third level is in shell condition, if improved would bring an estimated extra $40,000/year of gross rent. Current rent income is approx. $35,240 per annum, with approx. 4.47% cap rate. Location is also great for short term rental & AirBNB Roof has $30,000 of improvements done in SEPT 2022. A rare opportunity for people who are looking for a small investment property/residence in a historical Canadian city. Don't miss your chance on a high returning - free standing building. Call now!
Sale Type:
Asset
Construction:
Mixed
Building Type:
Freestanding
Year built:
1900 (Age: 122)
Total Floor Area:
Switch units of measure6,150 sq. ft.
Lot Area:
Switch units of measure5,009.4 sq. ft.
Lot Depth:
102.9
Lot Frontage:
Switch units of measure46'6"
Land Use/Zoning:
C-1
Taxes:
$3,997.78 / 2021
Alarm System
Services Connected:
Electricity, Natural Gas
Water Supply:
Municipal
HVAC:
Mixed
Roof:
Other
Sewer Septic:
Municipal/Community
Env Assmt Phase:
No
Original Price:
$788,000
Data was last updated October 4, 2022 at 10:10 PM (UTC)
RAYMOND LEUNG

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