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Raafat Metwaly

raafat@raafat.ca +1(647) 461-3580

Listed by Steve Krofchick • RED AND WHITE REALTY INC.

$650,000

Est. payment - /mo

5,036 SqFt

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UPDATED:

12/28/2024 05:53 PM

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 5,036 sqft

Price per Sqft $129

MLS Listing ID 40620505

Abv Grd Liv Area 5,036

Originating Board Waterloo Region

Annual Tax Amount $11,944

Property Description

Lovely updated commercial property consisting of 3 apartments on the upper floor and one large commercial retail space on the main floor. This property is a former local landmark formally known as Crazy Jerrys Food Terminal. The building was built by the Seller with full concrete and steel construction in order to withstand a large weight capacity on both the main and upper floors. Due to the 8 parking spaces this would be the perfect location for a professional business such as doctor, chiropractor dental, or grocery store. Utilize the main floor for your business while the tenants above pays the mortgage for you! The Main floor area has just undergone a full renovation including new storefront glass! There is a updated natural gas furnace on the main floor unit, new neutral modern flooring and a large bright bathroom easily converted to handicap accessible if needed. There is a back storage area with a large walk in cooler and roll up door for easy shipping and receiving. Some upgrades include newer windows, siding, furnace, paint and roof. There is also a massive empty basement for maximum storage potential and the building has 600amp 3 way power with 6 hydro meters. The upper floor consists of three 1 bedroom, 1 bath units all with newer windows. All units are bright and include stack washer dryer, fridge and stove. All tenants pay their own hydro/electric heat on separate meters.

Location

Province ON

County Cochrane

Area Cochrane

Zoning EA-CG

Direction Take Algonquin left on Spruce St. S. Then turn right on Second Ave.

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Exterior Feature Grade Loading

Parking Features Concrete

Lot Frontage 60.0

Lot Depth 103.0

Garage No

Building

Lot Description Ample Parking, City Lot, Hospital, Public Transit

Faces Take Algonquin left on Spruce St. S. Then turn right on Second Ave.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Metal/Steel Siding

New Construction No

Others

Senior Community No

Tax ID 654040921

Ownership Freehold/None

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Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

216 Second Ave Avenue Timmins, ON P4N 1G2

Raafat Metwaly

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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