Tremendous Hagersville Commercial/Residential Opportunity. Includes extensively updated in 2019 "Turn Key" cash flowing property offering 2 storey 4231sf building boasting stunning frontal façade incs numerous recent "hi-end" updates throughout both the commercial & residential units. Rarely do properties with this high visual/pedestrian exposure location, large lot size, huge rear paved parking lot, premium upgrades, & overall potential come for sale. Be a part of this rapidly expanding town's demographics of homes, condos, & overall development - the Commercial component will be sure to benefit. GROSS INCOME of $69,000 includes both the main level commercial unit & stylish upper level residential apartment. The Buyer will assume the quality commercial/restaurant tenant who has signed a 5 year lease commencing August 8, 2022 - ending at 12.00 noon on April 1, 2027. The beautifully finished upper level apartment would make offers eat in kitchen with quartz countertops, spacious living room complimented with feature fireplace set in stone hearth, 2 bedrooms, bathroom, en-suite, laundry, & relaxing balcony area. All restaurant equipment belongs to the Commercial Tenant. Conveniently located on Hwy 6 corridor, easy commute to 403, QEW, & close access to Port Dover & Lake Erie. Call today for more information & to Experience the Loyalty & Opportunity that Hagersville has to offer.
MLS# | XH4203349 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 39 |
Listing Provided By | RE/MAX Escarpment Realty Inc. | Peter R. Hogeterp |
SQ Feet | 4,231 |
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Units | 1 |
Province | ON |
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County | Haldimand |
City | Hagersville |
Postal Code | N0A 1H0 |
Area | Hagersville |
Subarea | Hagersville |
Community Name | Hagersville |
Listing VS Median (in Hagersville) | |
Price: $975,000 low | high Med: $689,900 SqFt: 4,231 low | high Med: 1,543 $ / SqFt: $230 low | high Med: $470 On Site: 39 low | high Med: 38.500000 |