Situated in a prime location in Orleans, this fully rented 2152 square foot stand alone building sits on a 16340 square foot lot fronting on St Joseph blvd. This turn key investment property offers a renovated building, ample parking and a 10 year lease. The current tenant is on a ten year lease which ends August 31, 2033. Current rent is $19.50 per square foot or $41964.00 per annum. Rent escalation to take place each year through 2033. Tenant pays an additional rent of $12.01 per square (property taxes, insurance, maintenance). Tenant pays all utilities.
MLS# | X9514949 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Sold Conditional |
Days On Site | 174 |
Listing Provided By | RE/MAX ABSOLUTE WALKER REALTY | X9514949 502100 |
SQ Feet | 2,152 |
---|---|
Acreage | 0.05 |
Province | ON |
---|---|
County | Ottawa |
City | Orleans - Convent Glen and Area |
Postal Code | K1C 1E4 |
Area | 2009 Chapel Hill |
Listing VS Median (In K1C 1E4) | |
Price: $1,150,000 low | high Med: $1,150,000 SqFt: 2,152 low | high Med: 2,152 $ / SqFt: $534 low | high Med: $534 On site: 174 low | high Med: 174.000000 |