$1,150,000
Available - For Sale
Listing ID: X11938431
9 Houston Drive , Mississippi Mills, K0A 1A0, Lanark
| Prime Commercial Investment in Almonte! Ladies and gentlemen, this is a *once-in-a-lifetime* opportunity to own a piece of commercial real estate in the heart of Almonte, and I'm telling you right now this is the kind of property you want in your portfolio. Located in a high-traffic area, this versatile retail plaza is an absolute gem for owner-occupiers and investors alike. Here's why: Immediate Rental Income - With one tenant staying, occupying one-third of the building, and another tenant about to vacate, you already have cash flow in place! The remaining vacant space can be split into two separate units or kept as one larger unit, giving you flexibility to tailor the space to your needs. Turnkey & Low Maintenance - With a 3-year-old roof and upgraded rooftop units (RTUs), this property is built to last with minimal maintenance. Its a hassle-free investment with numerous updates already done for you. Endless Potential - Whether you're looking to lease out the remaining space or move your own business in, the possibilities are wide open. You could keep it as-is, or divide it up into smaller units for even more rental income potential. The choice is yours! Location, Location, Location - In a high-traffic area, you're in the right spot for maximum exposure and consistent foot traffic. This plaza is an incredible option for any investor looking to generate income while positioning themselves in a growing community. Rare properties like this don't come around every day. This is the opportunity you've been waiting for. Don't let this slip away. Call today to book your private showing and see firsthand what makes this opportunity so special. |
| Price | $1,150,000 |
| Taxes: | $18000.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 9 Houston Drive , Mississippi Mills, K0A 1A0, Lanark |
| Postal Code: | K0A 1A0 |
| Province/State: | Lanark |
| Lot Size: | 142.00 x 180.00 (Feet) |
| Directions/Cross Streets: | Paterson st |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Highway Commercial |
| Building Percentage: | T |
| Total Area: | 5775.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 5775 |
| Retail Area Code: | Sq Ft Divisible |
| Taxes Expense: | $18000 |
| Insurance Expense: | $5400 |
| Gross Income/Sales: | $94275 |
| Operating Expenses: | $25400 |
| Net Income Before Debt: | $68875 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KELLER WILLIAMS INTEGRITY REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Lanark |
| Municipality: | Mississippi Mills |
| Neighbourhood: | 911 - Almonte |
| Lot Size: | 142.00 x 180.00(Feet) |
| Tax: | $18,000 |
| Fireplace: | N |
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