Maximum 4 project can be compared at one go.
$3,500,000
Status: For Sale
GE1 Zoned 6000 sq. ft. building with two tenants with 3000 sq. ft. each. Tenant A Enterprise Car Rental paying $69,000.00 per year net till September 30,2027 with no further options to renew. Enterprise may do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the unit (Enterprise) would be October 1st 2027. Tenant B is paying $63,800/2025, $65,550/2026, $67,500.00/2027 net plus $5.00 T.M.I.. Tenant B has an option to renew for 1- 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Net income for 2024 is $156,800.00
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40673403 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :10 Dec, 2024 (27 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Halton |
|---|---|
| Community | : Industrial Burlington |
| City | :Burlington |
| Area Major | :32 - Burlington |
| Area Minor | :321 - Longmoor |
| Postal Code | :
L7L 4X2
|
| Directions | :south side of Harvester Road Just west of Appleby Line. |
| Price | : $3,500,000 |
|---|---|
| Property Taxes | :$15843 |
| Tax Year | :2023 |
|---|
| Place of Worship | :No |
|---|---|
| Cross Street | :Zelco |
| Approx Square Footage | :6000 sqft |
|---|
04 Nov, 2024
TREB #40673403
Listed
$3500000
Sign in to view full price history of this property
