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Home > Archive > Properties for sale by owners > August 2005 > Commercial building must be sold this year, 21000+ sf, 45 mins to Ottawa, excellent return, extensi
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Commercial building must be sold this year, 21000+ sf, 45 mins to Ottawa, excellent return, extensi
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| Building must be sold 2005-08-05, 6:21 pm |
| Commercial building must be sold this year, 21000+ sf, 45 mins to
Ottawa, excellent return, extensively upgraded.
Price: $749,000. Excellent double digit rate of net return. Located in
downtown Smiths Falls, Ontario. 45 mins drive to Ottawa, 30 mins to
Kanata. Walk to all amenities and businesses. Over 21,000 square foot
interior space. Currently 13 apartments (own kitchen, bathrm), one
large commercial tenant, 8 single residential bachelor units (shared
bathrm), 3 offices and numerous storage rooms. Always well rented.
Excellent return. Masonary structure. Huge improvements in last two
years inclusing new roof ($30K) in Dec 2003. Building was completely
fire retrofitted in 2005 (over $60K). High ceiling between the floors,
large room windows, wide stairs, mosaic windows, beautiful antique
modelings. Full size full height basement. Prime Minister of Canada
used to come to the building for business and pleasure.For photos and
contact info go to http://www.geocities.com/nortelsale/building.html or
Email:mwintrust@yahoo.ca
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