51 King Street, Ingersoll | Image 1

51 King Street

Ingersoll

  • Commercial

$XXX,XXX
For Sale

Added 11 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: EC-6 & R2

  • Age: No Data

  • Taxes: 2604.11

  • MLS®#: X8007518

  • Days on Site: 79 Days

  • Added: Jan 18, 2024 (11 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: NON-TRREB BOARD OFFICE

The mixed-use 4-plex in the heart of Ingersoll is a promising investment. Renovated in 2020, it features two commercial units (Tito Pizza franchise and a Barbershop) and two residential units, delivering a net income of $58,003.25. Building & land only for sale. Key attractions include secure commercial leases: Tito Pizza holds a 10-year lease ending in 2031 with an option for another 10 year term, while the Barbershop has a 5-year lease until 2027, extendable for two additional 5-year terms. The professionally renovated residential units with reliable tenants contribute to steady income. Seller will consider financing options.

Extras

There is no "For Sale" sign in the property.**WATERLOO ASSOCIATON OF REALTORS**

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Net Income: 58003

  • Area: Ingersoll

  • Availability Date: IMMEDIATE

  • Assessment Amount: $105,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Taxes: $2,604

  • Expenses: Act

  • Operating Fees: 16647

  • Taxes Type: Annual

  • Tax Year: 2023

Land

  • Cross Street: Mill Street

  • Municipality District: Ingersoll

  • Parcel Number: 001680012

  • Sewer: Sanitary

  • Lot Depth: 83.79 Feet

  • Lot Frontage: 23 Feet

  • Lot Irregularities: 46.71 Ft*87.07 Ft*23.

  • Zoning: EC-6 & R2

Shipping Doors

  • Clearing Height (ft): 20

Commercial Specific

  • Rail: N

  • Retail Area: 1734

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3040

  • Total Area Metric: Sq Ft

  • Office Size: 1306

  • Office Size Metric: Sq Ft

  • Days Open: V

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

  • Gross Income/Sales: 74651

  • LLBO: N

Map of 51 King Street, Ingersoll
JK-8

St Jude's School

Elementary: Catholic
1.53 km
JK-8

Thamesford Public School

Elementary: Public
10.09 km
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St Patrick's

Elementary: Catholic
13.22 km
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Royal Roads Public School

Elementary: Public
0.67 km
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Harrisfield Public School

Elementary: Public
1.12 km
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Laurie Hawkins Public School

Elementary: Public
1.20 km
9-12

St Don Bosco Catholic Secondary School

Secondary: Catholic
14.66 km
9-12

Woodstock Collegiate Institute

Secondary: Public
14.38 km
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St Mary's High School

Secondary: Catholic
13.48 km
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Huron Park Secondary School

Secondary: Public
16.10 km
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College Avenue Secondary School

Secondary: Public
14.54 km
9-12

Ingersoll District Collegiate Institute

Secondary: Public
1.01 km
101 Thames Street North, Ingersoll | MLS: X9306317
For Sale
3 months ago
$799,000
  • 0 bath
  • 0 bed

101 Thames Street North, Ingersoll, Ontario • N5C 3C9 • Ingersoll

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 148 THAMES Street South, Ingersoll | MLS: X11290475
For Sale
1 month ago
$XXX,XXX
  • — bath
  • — bed

148 THAMES Street South, Ingersoll, Ontario • N5C 2T4 • Ingersoll