$999,900
51 KING ST Ingersoll, ON N5C 1G6
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$999,900
Est. payment /mo
3,040 SqFt
Active
51 KING ST Ingersoll, ON N5C 1G6
UPDATED:
04/06/2024 08:38 AM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $328
MLS Listing ID X8007518
Annual Tax Amount $2,604
Tax Year 2023
Property Description
The mixed-use 4-plex in the heart of Ingersoll is a promising investment. Renovated in 2020, it features two commercial units (Tito Pizza franchise and a Barbershop) and two residential units, delivering a net income of $58,003.25. Building & land only for sale. Key attractions include secure commercial leases: Tito Pizza holds a 10-year lease ending in 2031 with an option for another 10 year term, while the Barbershop has a 5-year lease until 2027, extendable for two additional 5-year terms. The professionally renovated residential units with reliable tenants contribute to steady income. Seller will consider financing options.
Location
Province ON
County Oxford
Zoning EC-6 & R2
Interior
Cooling Yes
Inclusions Appliances in the residential units, furniture in the top residential units.
Exterior
Utilities Available Available
Parking Type None
Others
Security Features No
Listed by NON-TRREB BOARD OFFICE
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