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270 GEORGE Street Arthur

270 GEORGE Street, Arthur

$958,000

2,795 Square Feet
Live and Work Opportunity! Unique 5-unit property with a commercial unit, 4 residential units, and an attached garage. Rebuilt from foundation in 2022. Two-bedroom unit with open concept and large balcony, 1- bedroom units, and a bachelor unit. All units occupied by the seller and family, available vacant. Rare 8% cap rate, cashflow of $1500/month. No rent control as units built after 2018. Incredible return on investment in growing Arthur market. Financials available. Although there are no separate meters, there are separate electrical panels so creating seperate hydro meters can be done by the buyer. Financials in supplements and can be provided. All units vacant/owner occupied and vacant possession will be at closing. Seller financing may be available. Zoned C1 Section 16 https://www.wellington-north.com/sites/default/files/2023- 05/WN%20ZBL%2066-01%20CONSOLIDATION%20March%202023.pdf Seller financing may be available up to 100k! See financials. https://drive.google.com/drive/folders/15XpTqZ9MNCAz9fZ1OkUG3gNe-5wfcm4x? usp=drive_link (id:25312)
  • Listing ID: 40672616
  • Property Type: Office
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Details

  • Amenities Nearby: Schools
  • Community Features: High Traffic Area
  • Features: Paved driveway, Crushed stone driveway, Industrial mall/subdivision
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: C1

Building

  • BasementType: Full
  • Exterior Finish: Brick, Stucco
  • Fireplace Present: False
  • Fire Protection: Alarm system
  • Foundation: Poured Concrete
  • Size Exterior: 2795.0000
  • Size Interior: 2795 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 62 ft

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    This property for sale is located at 270 GEORGE Street in Arthur. It was last modified on November 2nd, 2024. Contact the Mullin Group to schedule a viewing or to discover other Arthur properties for sale.

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