Property Details

180 KING STREET, Sturgeon Falls, Ontario, P2B1R5

180 KING STREET, Sturgeon Falls, Ontario (ID 244178)
Representative
Malcolm Christie portrait
Malcolm Christie
Sales Representative
RE/MAX Legend Real Estate Inc., Brokerage
Cell: 705-499-1465
Tel: 705-495-4555

$985,000 - For sale

ID#:244178

Investment Opportunity- Single tenant 7 year triple net, carefree lease to the landlord. Extensively renovated block to steel frame building with a AAA tenant. Maslack Auto Supplies is one of the regional leaders in automotive supplies. Lease runs to 2026 with multiple renewal options. Escalators thoughout 7 year term and renewals. NOI yr 1 of $61,595 reflecting a 6.25 CAP rate. Building has seen extensive renovations in preperation for this tenant- all completed Summer\Fall 2019: Facade / HVAC (including duct-work) /roof drainage / flooring / all window glazing / interior ceiling tile system / flooring replaced. Dont blink or you'll miss it. For private showing please call or email. (id:2471)

Location DescriptionHwy 17- right on King St.

Property Details
  • Property Address:180 KING STREET, Sturgeon Falls, Ontario, P2B1R5
  • Property Type:Retail
  • Title:Other, See Remarks
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 180 KING STREET, Sturgeon Falls, Ontario, P2B1R5
  • Structure Style:Retail
  • Bathrooms:2
  • Heating Type:Natural gas, Forced air
  • Flooring:Concrete, Laminate, Linoleum
  • Cooling Type:Air Conditioned, Central air conditioning
  • Rental Equipment:None
Amenities for 180 KING STREET, Sturgeon Falls, Ontario, P2B1R5
  • Amenities Nearby:Public Transit
Representative
Malcolm Christie portrait
Malcolm Christie
Sales Representative
RE/MAX Legend Real Estate Inc., Brokerage
Cell: 705-499-1465
Tel: 705-495-4555
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Listing Office: RE/MAX Legend Real Estate Inc., Brokerage (138)

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180 KING STREET, Sturgeon Falls, Ontario, P2B1R5

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