308 N Victoria St - Storefront Retail/Residential FOR SALE


Tweed, ON K0K 3J0
$449,900 CAD
855-771-0804
308 N Victoria St, Tweed, ON for Sale
$449,900 CAD
Storefront Retail/Residential - FOR SALE
1/21
null | 8.58% Cap Rate

308 N Victoria St
Tweed, ON K0K 3J0


HIGHLIGHTS

  • Commercial Space & 2 Apartments in downtown Tweed
  • Great high traffic location close to all amenities and only 30 minutes to the HWY 401.
  • Cap rate for the property is 8.58%

OVERVIEW

Well maintained Investment Property with a Commercial Space and 2 Apartments in downtown Tweed is a must see. The main level commercial space is currently tenant occupied as a Thrift Store with ample storage and a 3 piece bathroom with approximately 670sqft. The upgraded 3 bedroom Unit is tenant occupied with approximately 1100sqft on the upper floor features an open concept kitchen with island. Dining area with bright windows, 4 Piece bathroom and in-suite laundry. Rear 1 bedroom apartment is tenant occupied with kitchen, living room and 3 piece bathroom with approximately 480sqft. Roof is approximately 13 years old and all flooring, kitchens, furnace approximately 2019. Total rental income $3800/month. Cap rate for the property is 8.58% AMAZING given the market. 1 Hydro and Gas meter for the building. 3 Parking spaces available. Great high traffic location close to all amenities and only 30 minutes to the HWY 401. Close to all amenities in Tweed. 24hrs notice required for all showings for all units. 24hour irrevocable on all offers.

FOR SALE DETAILS

PRICE

$449,900 CAD

PRICE/SF

$191 CAD /SF

CAP RATE

8.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,606 SF

ZONING

UC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Stephanie McLeodThe Home Bosses Real Estate TeamMore Info
855-771-0804

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Stephanie McLeodThe Home Bosses Real Estate TeamMore Info
855-771-0804

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