36- 38 King St, Huron East MLS Number: X6182556
Huron East, Huron, ON, N0G 1H0$2,100,000
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $20951.88 (Tax Year:2022)
- Listing Courtesy : Non-Trreb Board Office
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$2,100,000
Status: OFF MARKET
Very attractive Retail Investment offering in the Charming town of Brussels Ontario. The plaza comprises of two National tenants, Foodland & CIBC. Lease details are as follows: Foodland/Sobeys - 9615 sq.ft, annual Net rent $68,458.80. They Just renewed their lease for another 5 years with options of 5 years till 2038. CIBC - 3174 sq.ft. annual Net rent $49,990.50, their lease was renewed in 2021 till 2026 with renewal options of 5 years. Plenty of on-site and street parking. 30 min drive to Lake Huron (Goderich), 18 mins to Seaforth, 60 mins to Kitchener, 75 mins to London, 54 mins to Grand Bend. CAM charges $29,800 for 2022. Property tax $20,952 for 2022. New roof over CIBC in 2022. The reconciliation is done once a year to recover CAM & Tax expenses.
Property Type | :Commercial |
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MLS Number | :X6182556 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :05 Oct, 2023 (413 Days ago) |
Source | :TRREB |
Area | :Huron |
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Postal Code | : N0G 1H0 |
Price | : $2,100,000 |
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Property Taxes | :$20951.88 |
Tax Year | :2022 |
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Cross Street | :Brussel Line |
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Fireplace/Stove | :No |
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05 Oct, 2023
TREB #X6182556
Available
$2100000.0
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