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$2,250,000
Est. payment /mo
12,500 SqFt
UPDATED:
07/15/2024 02:42 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $180
MLS Listing ID X9030387
Annual Tax Amount $10,000
Tax Year 2023
Property Description
Prime Real Estate Opportunity in WallaceburgExceptional Investment in a Thriving CommunityWelcome to a prime real estate opportunity in the heart of Wallaceburg! This strategically positioned plaza offers a solid investment with significant future growth potential. Situated directly opposite Walmart, Canadian Tire, and Tim Hortons, this location guarantees high visibility and foot traffic.Plaza Highlights:Four Commercial Units: Ensuring steady income with all but one unit currently occupied.Spacious Layout: 12,500 sq ft plaza on a 1.3-acre lot.Development Potential: Room for developing an additional 10,000 - 15,000 sq ft units in the back.Modern Amenities: Includes a new roof and a new AC unit.Independently Metered Units: Each unit pays its own utilities, making management straightforward.Current Tenants:SouthSide Fitness Club: Attracting health-conscious customers daily.Pita Pit Restaurant: Offering healthy food options to a diverse clientele.Flooring Store: Serving the community's renovation and building needs.Available Space: 2,000 sq ft ready for the right tenant or owner-operator.This plaza is more than just a sound investment; it's a gateway to future development and growth in the rapidly expanding Wallaceburg community. Don't miss this opportunity to be a part of a vibrant, thriving area.
Location
Province ON
County Chatham-kent
Zoning Commercial Retail
Interior
Cooling Yes
Exterior
Utilities Available Available
Parking Type Plaza
Others
Security Features Yes
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Listed by NU-VISTA PREMIERE REALTY INC.