ID#: 174601 YOA#: 1328912  Status: For Sale   Date Listed: 2019-02-05

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$1,200,000
Location:

1393 Eighth Line, Lakefield Ontario

1393 Eighth Line, Lakefield Ontario
Description:
exceptional opportunity in high traffic rural location & 10 minutes to downtown peterborough, 5 minutes to lakefield & bridgenorth. sought after leasing location by tenants, prime corner lot on 2 major roads year round, 2 entrances & multiple parking on paved 1.37 acre lot. minimum maintenance exterior. seller can make no warranties or representations with the sale of the subject property as the seller is executor. 9 units leased by established businesses. tenants mostly on minimum 2 year lease. see leasing dates available with offer. businesses not included in sale. all details supplied by seller & associates. buyer to perform all due diligence. minimum 48 hours for showings. gross income if 9 units fully rented is $118,080.00 - insurance estimated at $4000. to $5000. for both buildings. each tenant pays $ 600.00 per year cam
Property:
Type: Commercial2018 Taxes: $11,554
Lot Dimensions: 1-2.99 Acres 229.92 ft FrontageAcreage: 1.3700 Acres
Sewer: SepticWater: Well
Structure:
Type: Commercial Retail
Square Footage: 10588 SqFt
Heating: Baseboard Heaters, Forced Air-Propane, Propane, Unit Heater
Exterior: Steel, Stone
Flooring: Concrete
Features:
Ample Parking Corner Site Doors 10-15 ft
Floor Drains High Traffic Area Industrial Mall
Landscaped Yard Paved Yard Security System
Storage Visual Exposure
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1393 Eighth Line, Lakefield Ontario

RE/MAX Eastern Realty Inc. Brokerage - Bridgenorth

Graham Ferguson
Sales Representative

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(705) 741-9143



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