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In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
3,400 SqFt
$ 1,200,000
Est. payment | /mo
3,400 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $352
MLS Listing ID E11923513
Annual Tax Amount $9,375
Tax Year 2024
Property Description
Large Opportunity Awaits! Good Cash flow and being sold together with 455 Bond allowing for long term construction of a large apartment building. 463 bond street east is currently a 5 plex consisting of 2 commercial units, 2 res apts above, 1 basement apartment with potential to add another. Recent vacancy of units provides tremendous upside for cash flow. average expenses 28k, estimated income 97k (inquire for finance sheet) PSC-A zoning allowing for a wide range of uses retail to residential. PSC zoning allows for large apartment building with no inherit story cap, generous set backs allowing for large redevelopment of the site. Potential to purchase rear hydro easement allowing second street access to the site.
Location
State ON
County Durham
Community O'Neill
Area Durham
Region O'Neill
City Region O'Neill
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 130.34
Others
Security Features No
Listed by TFG REALTY LTD.
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