The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action. (id:47421)
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Detailed Information
Lot
122 x 0 ft
Features
Elevator, Passenger elevator
Listing Contract Date
2024-07-22
Location Description
Second Street E between Amelia and Sydney St.
Ownership Type
Freehold
# of Parking Spaces
51
Property Type
Office
Signage
Pylon
Transaction Type
For sale
Zoning Description
CBD
Building
Basement Type
None
Constructed Date
1970
Exterior Finish
Brick Veneer, Metal
Foundation Type
Poured Concrete
Stories Total
4
Size (Exterior)
36415
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
0.9 acres
Access Type
Road access
Sewer
Municipal sewage system
Size of Irregular Land
0.9
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