319-321 325-327 Montreal Road, Cornwall | Image 1

319-321 325-327 Montreal Road

Cornwall

  • Commercial

$899,000
For Sale

Added 3 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: MULTI USE

  • Age: 31-50 years

  • Taxes: 10587

  • MLS®#: X8214592

  • Days on Site: 14 Days

  • Added: Apr 08, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX MILLENNIUM REAL ESTATE

Amazing investment opportunity: MULTI-FAMILY & STORES 7-PLEX building in a prime, up-and-coming location, mere blocks from the prestigious waterfront condo district and St. Lawrence College. Located in the Le Village district, this property may be eligible for the City of Cornwall's "Heart of the City"improvement program. This property boasts TWO lucrative COMMERCIAL units: an ALL WOMEN'S GYM- COMINGSOON and the well-established TKO NUTRITION, alongside FIVE charming residential spaces. The area's rapid development paints a promising picture for future appreciation, making this an excellent choice for savvy investors. Notably, there's untapped potential for rental escalation, allowing the possibility for enhanced returns. Seize this chance to own a piece of an evolving urban landscape, where opportunity and potential converge seamlessly.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 31-50

  • Net Income: 57448

  • Area: Cornwall

  • Availability Date: TBD

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Heat Type: Elec Forced Air

  • UFFI: No

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 80 PL 16; PT LT 79 PL 16 AS IN S260848 EXCEPT T

  • Taxes: $10,587

  • Expenses: Est

  • Operating Fees: 33872

  • Taxes Type: Annual

Land

  • Cross Street: Water St & Montreal

  • Municipality District: Cornwall

  • Parcel Number: 601630236

  • Lot Depth: 102 Feet

  • Lot Frontage: 66.6 Feet

  • Zoning: MULTI USE

Commercial Specific

  • Rail: N

  • Retail Area: 3000

  • Retail Area Metric: Sq Ft

  • Total Area: 6813.55

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: Y

  • Gross Income/Sales: 91320

  • LLBO: N

Map of 319-321 325-327 Montreal Road, Cornwall
7-8

École élémentaire publique L'Héritage

Elementary: Public
0.91 km
7-8

St Lawrence Intermediate School

Elementary: Public
1.59 km
JK-6

Immaculate Conception Separate School

Elementary: Catholic
0.74 km
7-8

École intermédiaire catholique La Citadelle

Elementary: Catholic
0.79 km
JK-8

Bishop Macdonell Separate School

Elementary: Catholic
1.08 km
JK-6

Central Public School

Elementary: Public
1.15 km
9-12

St Matthew Catholic Secondary School

Secondary: Catholic
1.73 km
9-12

École secondaire publique L'Héritage

Secondary: Public
0.86 km
9-12

St Lawrence Secondary School

Secondary: Public
1.66 km
9-12

École secondaire catholique La Citadelle

Secondary: Catholic
0.58 km
9-12

Cornwall Collegiate and Vocational School

Secondary: Public
1.42 km
9-12

St Joseph's Secondary School

Secondary: Catholic
3.68 km
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 158 Pitts Street, Cornwall | MLS: X7387150
For Sale
3 months ago
$XXX,XXX
  • — bath
  • — bed

158 Pitts Street, Cornwall, Ontario • K6J 4P4 • Cornwall