249-253 Front Street, Belleville | Image 1

249-253 Front Street

Belleville

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: MX1

  • Age: No Data

  • Taxes: 20400

  • MLS®#: X9391504

  • Days on Site: 45 Days

  • Added: Oct 04, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: EKORT REALTY LTD.

Introducing your next investment opportunity, the Burrows Building! Located in Downtown Belleville, this multi-use building offers a blend of commercial and residential spaces, ensuring a diverse revenue stream. Among its highlights are 3 commercial and 11 residential units: 8 bachelors, 1 two-bedroom, and 2 one-bedroom apartments. With two of the commercial spaces being currently leased, an additional vacant 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone extensive recent renovations, showcasing contemporary amenities with the building's unique architectural charm. Some units are furnished and licensed for short-term accommodation, catering to both long and short term tenants. The Burrows Building has been completely upgraded and renovated within the last 3 years, including a total rebuild with structural upgrades, a new lower roof, new windows, new fire escapes, and security enhancements with surveillance cameras. Boasting stable rental income and promising growth potential, the Burrows Building presents an exceptional opportunity to expand your investment portfolio.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Belleville

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $20,400

  • Taxes Type: Annual

Land

  • Cross Street: Front Street And Cam

  • Municipality District: Belleville

  • Lot Depth: 172.24 Feet

  • Lot Frontage: 60.75 Feet

  • Zoning: MX1

Commercial Specific

  • Total Area: 12722

  • Total Area Metric: Sq Ft

  • Lot Code: Building

Map of 249-253 Front Street, Belleville
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375 BELL Boulevard, Belleville | MLS: X8406744
For Sale
6 months ago
$4,500,000
  • 0 bath
  • 0 bed

375 BELL Boulevard, Belleville, Ontario • K8P 5H9 • Belleville