This 5218 square foot plaza is on the corner of Colborne St E and Rawdon. Three individual businesses each paying Their own Heat, Hydro and Water. Unit 1 rent is $14.25 for 2268 sq ft $32319 per year. Lease runs to December 31, 2028 Unit 2 rent is $8.48 for 950 sq ft. for $8056 per year. Lease is month to month. Unit 3 rent is $8.00 for 2000 sq ft. $16000 per year. CAM costs are $7.05 per sq foot and the lease is month to month. Tenants pay all their own utilities. CAM costs are $7.05 per ft.act Total rent is $56375. The Cap rate is 6.1% . Immediate possession if assuming the tenants. (id:56069)
| MLS® Number | 40686846 |
| Property Type | Retail |
| Amenities Near By | Public Transit |
| Features | Paved Driveway |
| Sign Type | Pylon |
| Basement Type | None |
| Exterior Finish | Brick |
| Stories Total | 1 |
| Size Exterior | 5200.0000 |
| Size Interior | 5,200 Ft2 |
| Utility Water | Municipal Water |
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 111 Ft |
| Size Irregular | 0.418 |
| Size Total | 0.418 Ac|under 1/2 Acre |
| Size Total Text | 0.418 Ac|under 1/2 Acre |
| Zoning Description | C6 C8 |
https://www.realtor.ca/real-estate/27768504/541-colborne-street-e-brantford
Contact us for more information
William Austin
Salesperson
(519) 753-7311
(519) 753-1603
www.royallepage.ca/actionrealty
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