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5301 Nauvoo Road Warwick, Ontario M0M 2S0

2800 sqft
Fully Air Conditioned Baseboard Heaters

$560,000

A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 7.3%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged. (id:43124)

Property Details

MLS® Number X8481726
Property Type Retail
Community Name Watford
Amenities Near By Highway, Recreation
Parking Space Total 3

Building

Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters
Size Interior 2800 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Recreation
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 22 Ft
Size Irregular 22 X 132 Ft
Size Total Text 22 X 132 Ft
Zoning Description C1 1

https://www.realtor.ca/real-estate/27093759/5301-nauvoo-road-warwick-watford

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Leo Shanahan
Salesperson

(226) 848-6684

Shanahan Realty Inc.

(226) 848-6684

Paul Shanahan
Broker of Record

(226) 848-6684

Shanahan Realty Inc.

(226) 848-6684

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