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292 Centre Street Prescott, Ontario K0E 1T0

$750,000

Ideal opportunity for the proper user. Either purchase the building and lease it up as a viable investment asset or enjoy Canada Post as your Anchor Tenant and occupy the remaining office and storage space. Very favourable zoning will allow for most uses. Priced to sell and make sense as either your Corporate Office or your long term investment asset. Insurance and heat expense are projected and all other reported expenses were confirmed with suppliers. Rent for Canada Post is $80,000 per year and vacant office space was rented for $73,200 gross. Much upside once the building is fully leased up. Building being sold As Is Where Is. Please include Schedule B in all Agreements. Expenses: Insurance: $5,000 est. Heat: $8,000 est. Hydro & water: $25,560 confirmed. Elevators: $5,915 confirmed. Wage: $12,000 confirmed. Taxes: $30,707 confirmed. (id:25865)

Property Details

MLS® Number 1114390
Property Type Office
Neigbourhood Centre Town
Parking Space Total 19

Building

Constructed Date 1966
Fireplace Present No

Land

Acreage No
Size Depth 168 Ft ,10 In
Size Frontage 98 Ft ,10 In
Size Irregular 98.8 Ft X 168.84 Ft
Size Total Text 98.8 Ft X 168.84 Ft
Zoning Description Cc Core Commercial

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19593010

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