1651 ERBS St. Agatha Ontario N0B 2L0

For Sale | Commercial Sale
$1,395,000.00
Unknown sq ft
MLS#
if(A 7 unit plaza in a price of a house now!!! More than one acre lot ,7000 sqft building. Possible extension/development at the back. Great location, Only 3 minutes drive to Waterloo (Ira Needles & Erb). Tenants in different lease terms-from month to month to 2 years remaining. This plaza needs to be revitalized by adding a national/encore brand to get more traffic then revise the rents. The rents has been set low by previous owner that's why ROI is low. This area now under rapid development and growth so an excellent future is foreseen for a long term investment there. Income and expenses details are attached as supplement as well the drone video != null) {

Description

A 7 unit plaza in a price of a house now!!! More than one acre lot ,7000 sqft building. Possible extension/development at the back. Great location, Only 3 minutes drive to Waterloo (Ira Needles & Erb). Tenants in different lease terms-from month to month to 2 years remaining. This plaza needs to be revitalized by adding a national/encore brand to get more traffic then revise the rents. The rents has been set low by previous owner that's why ROI is low. This area now under rapid development and growth so an excellent future is foreseen for a long term investment there. Income and expenses details are attached as supplement as well the drone video

}

Building

  • Building Name
  • Construction
  • Cooling

Land

  • Zoning
    C2

Location

1651 ERBS St. Agatha Ontario N0B 2L0

Sales Representative

JAFAR KONOODI

Brokerage

RE/MAX TWIN CITY REALTY INC.

Price Information

  • Sale Price
    $1,395,000.00