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9 Apts 5 Stores All Rented Downtown For Sale

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $150000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Multi-Residential and Retail Complex in Prime Downtown Location in Owen Sound. Beautiful growing city located by Georgian Bay, only 2 hours NW of Toronto. Main level has 5 quality commercial tenants: hair saloon, appliances outlet, vacuum cleaning equipment, fashion clothing restaurant with liqueur license. Upper level has 9 modern one bedroom apartments, all units are rented out. Interior has been totally rebuilt late 1980'. Located next to Roxy Theatre, local radio station, Sun Times newspaper, post office, banks, shopping. Lot is 95' x 95'. 11,840 sf on 2 levels. Full high basement. On site laundry. All brick, in good repair, new roof, new windows. C1-1 commercial zoning. Street parking plus municipal parking lot located directly behind the building. Utilities paid by tenants. Please inquire about financial statement. Property taxes are $18k. Asking price $850k Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 phone 705 543 1341

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