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262-270 TELEGRAPH ST Alfred And Plantagenet, ON K0B 1A0
3,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $161
Subdivision 609 - Alfred
MLS Listing ID X14160436
Annual Tax Amount $5,500
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
An excellent investment opportunity in the heart of Alfred! This solid brick, two-storey mixed-use property offers approximately 6,400 sq. ft. of total building space and is zoned for up to six units. The property features three residential apartments on the second floor, all with existing leases, plus approximately 3,100 sq. ft. of commercial space on the main level, offering excellent potential for an owner-operator or investor. Previously occupied by the National Bank of Canada for many years, the commercial space includes a large retail area, four separate offices, a walk-in safe, storage space and handicap accessibility.Offering multiple income streams and future development potential, this property presents an exceptional opportunity for investors looking to maximize returns. With a potential net capitalization rate of 10.4%, this is an attractive addition to any investment portfolio. Whether you're looking to operate your own business, lease the commercial space, or explore the property's six-unit zoning potential, the possibilities are endless!
Location
Province ON
County Prescott And Russell
Area Prescott And Russell
Zoning COM/RES
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Available
Building
Lot Description Lot
Lited by EXP REALTY