Looking for a turnkey business offering positive cash flow? Look no further than 2499 Hwy 3 in Jarvis! The 2.5 acres of prime real estate offers ample space for current operations as well as future growth or expansion opportunities. With positive cash flow and a unique commercial zoning designation, the property provides a rare combination of profitability and flexibility. This property is being used as transitional housing by Norfolk County since 2018 and would like to continue. Cash flow includes 14 units being rented monthly at $1,100 plus office at $500 and laundry at $500 for a total of $196,800. As an added bonus, there is a full 2-bedroom apartment on the second floor which the current owners are living in. Don't miss your chance on this excellent opportunity. (id:47421)
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Detailed Information
Lot
373.33 x 276.42 ft
Listing Contract Date
2025-01-21
Location Description
Hay 6, East on Hwy 3
Property Type
Retail
Transaction Type
For sale
Zoning Description
C2
Building
Cooling Type
Fully air conditioned
Heating Type
Radiant heat
Size (Exterior)
9174 square feet
Type
Residential Commercial Mix
Land
Total Size
Bldg=373.34 x 276.43 FT
Size of Irregular Land
Bldg=373.34 x 276.43 FT
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