363-365 Main Street, Deseronto | Image 1

363-365 Main Street

Deseronto

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: C2

  • Age: 100+ years

  • Taxes: 6091.86

  • MLS®#: X8153526

  • Days on Site: 26 Days

  • Added: Mar 11, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: EXP REALTY, BROKERAGE - NON-TRREB BOARD OFFICE

Investment opportunity in the heart of Deseronto! This charming property adored by the community, seamlessly blends commercial convenience with residential income. Consisting of 6 residential units fully tenanted (month-to-month), a detached double garage with income potential, and a 3000 square footage commercial space. The residential units consist of 4x2bdrm units, and 2x1bdrm (up-lift potential to convert to 2bdrm). Current income is $83,334 with multiple additional income stream opportunities. An ideal set-up for investors looking for a mixed portfolio addition, or entrepreneurs and business owners looking to establish themselves in the community. Whether it's a boutique, cafe, or professional office space, the possibilities are endless. The dual-purpose nature of this property opens the door to a range of possibilities. Investors can capitalize on the income potential of both the commercial and residential spaces, storage opportunities, and making it an ideal choice.

Extras

**Interboard Listing: Kingston and Area Real Estate Association**

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: Deseronto

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Baseboard

  • Elevator: None

  • Energy Certificate: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 126 BLK D PL 162 PT 1 & 3 21R20620, T/W QR63

  • Taxes: $6,092

  • Expenses: Est

  • Management Expense: 5000

  • Insurance Fee: 12220

  • Taxes Type: Annual

  • Tax Year: 2023

Land

  • Cross Street: Main Street

  • Municipality District: Deseronto

  • Sewer: Sanitary

  • Lot Depth: 157 Feet

  • Lot Frontage: 73 Feet

  • Zoning: C2

Commercial Specific

  • Rail: A

  • Retail Area: 3000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6000

  • Total Area Metric: Sq Ft

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Building

  • Financial Statement: N

  • Gross Income/Sales: 83334

  • LLBO: N

Car-Dependent

  • Almost all errands require a car.
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