363 Front Street, Belleville | Image 1

363 Front Street

Belleville

  • Commercial

$2,599,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: C2-6

  • Age: No Data

  • Taxes: 12638

  • MLS®#: X11966547

  • Days on Site: 1 Days

  • Added: Feb 10, 2025 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX ESCARPMENT REALTY INC., BROKERAGE

8 UNIT - Secure $160,800 in annual income from this exceptional, fully tenanted, turn-key commercial property in the heart of Bellevilles dynamic downtown. MLI SELECT POTENTIAL - Ductless Splits Roughed In. Completely rebuilt to modern standards, this property boasts brand-new construction, including framing, walls, flooring, plumbing, electrical panel, wiring, windows, doors, and lighting all designed to meet current building codes and minimize future maintenance. Each tenant is responsible for their own utilities, providing low overhead and strong net returns for investors. Positioned in a high-demand location, 363 Front Street is a rare opportunity offering both immediate cash flow and long-term appreciation potential. Properties of this caliber are in short supply.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 140816

  • Area: Belleville

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $12,638

  • Expenses: Act

  • Insurance Fee: 4500

  • Hydro Expense: 2846

  • Taxes Type: Annual

  • Taxes: 12638

Land

  • Cross Street: Dundas S E

  • Municipality District: Belleville

  • Parcel Number: 404750038

  • Lot Depth: 98.98 Feet

  • Lot Frontage: 33.49 Feet

  • Zoning: C2-6

Commercial Specific

  • Sprinklers: N

  • Total Area: 5800

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Gross Income/Sales: 160800

Map of 363 Front Street, Belleville
JK-8

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