$799,900
Available - For Sale
Listing ID: X12776992
109 Pitt Street , Cornwall, K6J 3P5, Stormont, Dundas
| Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause. |
| Price | $799,900 |
| Taxes: | $11261.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 109 Pitt Street , Cornwall, K6J 3P5, Stormont, Dundas |
| Postal Code: | K6J 3P5 |
| Province/State: | Stormont, Dundas |
| Directions/Cross Streets: | First and Pitt Street |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 4600.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| 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. |
| RE/MAX AFFILIATES MARQUIS LTD. |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Tax: | $11,261 |
| Fireplace: | N |
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