6.5% Cap Rate for this highly visual, well maintained commercial building fronting on Highway 21 at the north entrance to Kincardine. The 3,200 square foot building is zoned C2-r Highway Service Commercial with the a provision allowing for office use. The building is fully tenanted with longer term leases in place. The north unit has forced air propane heat with central air while the middle and south units are baseboard electric heat. This property provides an attractive income with little maintenance or upkeep to worry about! (id:4069)
Address
1802 HIGHWAY 21 ROAD
List Price
$749,900
Property Type
Retail
Area
Ontario
Sub-Area
Kincardine
Floor Area
3,200 Sq. Ft.
Lot Size
Bldg=150.13 x 96.1 FT Ac.
MLS® Number
X11897996
Listing Brokerage
RE/MAX Land Exchange Ltd.
Postal Code
N2Z2X4
Zoning
C2-r
Site Influences
Highway, Recreation
