60 Church St - Apartments FOR SALE


Parry Sound, ON P2A 1Y7
$2,200,000 CAD
705-728-9000
60 Church St, Parry Sound, ON for Sale
$2,200,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

60 Church St
Parry Sound, ON P2A 1Y7


HIGHLIGHTS

  • Adding to its appeal is a versatile shop/garage space with three bays and double depth for additional rental income or operational use.
  • Nestled on a substantial lot, 60 Church Street presents an exceptional chance for expansion, allowing investors to envision and execute additional dev
  • Seize the opportunity to capitalize on immediate cash flow while strategically planning future growth in a location poised for appreciation.

OVERVIEW

The rents are 27% below market value and that means great upside potential. Financials available upon submitting a confidentiality agreement

FOR SALE DETAILS

PRICE

$2,200,000 CAD

PRICE/SF

$164 CAD /SF

# OF UNITS

9

PRICE/UNIT

$244,444

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

R3

APN/PARCEL ID

493201000303200

ASK ABOUT THIS PROPERTY

Stephanie MayeMaven Commercial Real EstateMore Info
705-728-9000

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Stephanie MayeMaven Commercial Real EstateMore Info
705-728-9000

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