AVAILABLE FOR SALE (REAL ESTATE ONLY) Including 4,100 SF fully equipped restaurant and land size is 0.48 acres (2 Surface Parcels 143098296 & 146002564) . The land valuation is $250,905 ($12 PSF X 20,908.8 SF) The building valuation is $656,000 ($160 PSF reconstruction cost). Located next to a newer, thriving hotel (Comfort Inn & Suites) and surrounded by newly developed commercial properties (tenants such as Great Canadian Oil Change, Burger King, Boston Pizza, Mark’s Clothing, Sport Check, Tim Hortons, and many others), this site boasts tremendous visibility and simple access from 8th Avenue and Dracup Avenue. This investment can be structured as an asset or share sale. Current restaurant existing lease in place till Dec 2027. FINANCIALS AVAILABLE UPON SIGNING A CONFIDENTIALITY AGREEMENT. (id:47421)
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Detailed Information
Listing Contract Date
2024-09-18
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Building
Constructed Date
1981
Size (Exterior)
0 square feet
Land
Total Size
0.48 acres
Size of Irregular Land
0.48
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