11 Victoria Av - Medical FOR SALE


Belleville, ON K8N 1Z5
$1,049,900 CAD
613-969-9907

NO PHOTO

$1,049,900 CAD
Medical - FOR SALE
null | 7.1% Cap Rate

Jan '26


11 Victoria Av
Belleville, ON K8N 1Z5


OVERVIEW

This 4000 sq ft well maintained commercial building in downtown Belleville is ideal for a variety of businesses. Currently used as a medical practice, this two story building could also be a good fit for a physiotherapist, chiropractor, accounting firm, law firm or any business that requires a number of well laid out offices, bathrooms and administrative space. With eight exam rooms/offices spread over three floors, a board room, four bathrooms, and a beautiful bright reception area, this building would allow any number of professionals to work independently or in concert with each other. The basement underwent a full renovation right down to the studs in 2016 and the A/C unit was replaced in 2023. ***Check out the virtual tour in HD**** One small office containing files is not shown on the floor plan due to privacy concerns. The current tenant is planning to vacate at the end of 2025 which would provide any prospective buyer with a good return on investment while planning to move their business. The current rent is $7976.26 including HST until December 15th, 2025 and is going up on January 1st. The tenant pays the utilities and the snow removal. The landlord pays taxes. The net income for the year is $74,533.82. All showings must be conducted Friday through Sunday and require a minimum of 24 hours notice due to the nature of the business.

FOR SALE DETAILS

PRICE

$1,049,900 CAD

PRICE/SF

$262 CAD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C2-4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew WalmsleyRe/Max Quinte Ltd., Brokerage - BellevilleMore Info
613-969-9907

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Andrew WalmsleyRe/Max Quinte Ltd., Brokerage - BellevilleMore Info
613-969-9907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.