39 Poyntz St - Assisted Livings FOR SALE


Penetanguishene, ON L9M 1N5
$2,399,000 CAD
705-726-3871

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$2,399,000 CAD
Assisted Livings - FOR SALE
null | Request Cap Rate

39 Poyntz St
Penetanguishene, ON L9M 1N5


HIGHLIGHTS

  • 2 GARAGE BUILDINGS ALSO PENDING REZONING
  • BEING SOLD WITH PLANS AND ZONING FOR MULTI RES USE, OR CAN BE RUN AS RETIREMENT HOME STILL.
  • MAIN BUILDING IS 8600 S.F. WITH ATTACHED 2 UNIT DUPLEX (HOUSE) 3400 S.F.

OVERVIEW

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years.

FOR SALE DETAILS

PRICE

$2,399,000 CAD

PRICE/SF

$200 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

CG

APN/PARCEL ID

437201000104900

ASK ABOUT THIS PROPERTY

Catherine Anne LewisEd Lowe Ltd, BrokerageMore Info
705-726-3871

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Catherine Anne LewisEd Lowe Ltd, BrokerageMore Info
705-726-3871

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