$1,150,000

Commercial For Sale In Lincoln Oaks, Cambridge, Ontario

$1,150,000

Property Information:

Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft one bedroom apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,500/month and one bedroom apt rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Floor Space: 3550 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Hood Fan, Washer, Window Coverings

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 3550 Square Feet
  • Irregular: Yes
  • Lot Depth: 10359 Feet
  • Lot Frontage: 66.2 Feet
  • Lot Size: 66.29 x 10359 FT
  • Zoning: C3

Courtesy of: KINGSWAY REAL ESTATE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.