LOADING

5301 Nauvoo Road Watford, Ontario N0M 2S0

$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 40520567
Property Type Office
Amenities Near By Schools
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure
Parking Space Total 3
Sign Type None

Building

Basement Type Partial
Constructed Date 1900
Exterior Finish Brick
Fire Protection Unknown
Foundation Type Poured Concrete
Stories Total 2
Size Exterior 2800.0000
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 22 Ft
Size Irregular 0.067
Size Total 0.067 Ac|under 1/2 Acre
Size Total Text 0.067 Ac|under 1/2 Acre
Zoning Description C1 1

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/26343685/5301-nauvoo-road-watford

Interested?

Contact us for more information


Generating Captcha

Leo G. Shanahan
Salesperson

(519) 878-5981
(519) 849-6683
www.shanahanrealty.com

Shanahan Realty Inc., Real Estate Brokerage
177 John Street P.o. Box 561
Watford, Ontario N0M 2S0

(226) 848-6684
(519) 849-6683
www.shanahanrealty.com/

Paul Shanahan
Broker of Record

(519) 319-6012
(519) 849-6683
www.shanahanrealty.com

Shanahan Realty Inc., Real Estate Brokerage
177 John Street P.o. Box 561
Watford, Ontario N0M 2S0

(226) 848-6684
(519) 849-6683
www.shanahanrealty.com/

Your Favourites

 

No Favourites Found

 

Compare Listings