$2,750,000
FOR SALE

Investment

Lot: 45 x 190 acresTotal Area: 14,589 ft2
2023 Taxes: $20,469.96

280-282 Front St
Belleville, ON K8N 2Z8 | Hastings

280-282 Front Street, "The West Harrison Block", is a historic mixed use building available for purchase in downtown Belleville. The building is fully Tenanted with 3 ground floor commercial units and 10 residential units across the 2nd and 3rd floors. Successful retail Tenants, a bridal store and a hair salon, occupy the commercial units facing onto Front St. The income/expense numbers for the building support an excellent return for the asking price. The rear ground floor space is suitable for conversion to residential, to add multiple additional apartments, which would further improve the net income for the building. The building has been well cared for by its current owners with recent renos to the street facing facade, multiple apartments, building fire system, water supply from the street, sanitary from the street and throughout the building. All units separately metered for hydro, all Tenants pay their own heat. Building has 5 parking spaces at the rear. The basement is ~7,000 sf and partially finished.
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Listed By CENTURY 21 LANTHORN REAL ESTATE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8240234
Last Updated May 01, 2024
Property Summary
Property Type Investment

More like this:
Category Retail
PIN 404750081
Occupancy Tenant
Taxes (2023) $20,469.96
Tax Type Annual
Assessment (2023) $512,000
Directions/Cross Streets Front St. And Victoria Ave.
Area Hastings
Price History

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Detailed Information
Freestanding Y
Lot 45 x 190 acres
Total Area 14,589 ft2
Air Conditioning Y
Garage Type None
Parking Spaces 5
Heat Type Gas Hot Water
Sewers Sanitary
Utilities Y
Water Municipal
Survey N
Lot/Bldg/Unit Code Building
Zoning C2-3
Seller Property Info Statement N

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