Cobourg (Ontario, CA - K9A4K8)
$3,400,000

LOYALIST REALTY INC., Brokerage


User Photo
Roy D Brett - Broker of Record


 
Details

Address: 500 Ball St
Type: Commercial
Style:  Industrial
Basement: Yes "Y"
Lot Size: 200ft x 374ft "200 ft X 374 ft"
Taxes: $16,000.00 (2022)
MLS® #: X5749133
 
Description

Potential 6.25+% Cap Rate. All Existing Leases Are Triple Net. General Industrial / Commercial Zoning With Many Upsides. Multiple Buildings And Structures For Rental Income With Many Options To Increase Income . Also Possible To Severe Lands Facing Furnace Street And Sell Separately. This Property Is Close To Downtown Location Within Minutes To 401 And Lake Ontario. Also Has Potential Of Being An Infill Site - Refer Town Of Cobourg Tannery Plan (Attached).
 
Highlights

Cooling: Air Conditioning Heating: Baseboard
Freestanding Office/Apt Area: Sq Ft
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: San+Storm Avail

Brokered and Advertised by:
   Ipro Realty Ltd.
 
P2#1375566097

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