4486 Ontario Street, Lincoln | Image 1

4486 Ontario Street

Lincoln

  • Commercial

$X,XXX,XXX
For Sale

Added 1 week ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: General Commerci

  • Age: No Data

  • Taxes: 62893.06

  • MLS®#: X8266848

  • Added: Apr 24, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CBRE LIMITED

Offering For Sale 4486 Ontario Street In Beamsville, Ontario; A Single Tenant 11,755 Sq. Ft. Retail Building With A Care-Free, Fully Net Long-Term Lease With Rexall Expiring In March Of 2030. The Building Sits On A 1.28 Acre Parcel Of Land Which Is Well Located At The Corner Of Ontario St And Friesen Blvd. Beamsville Is An Exciting, Growing Market With Close Proximity To The Greater Toronto Area And Is Easily Accessible Of The Queen Elizabeth Way. The Property Offers An Attractive Cap Rate Of 7%. The Current Lease Includes Percentage Rent Providing An Investor With A Steady Income Stream And Access To Store Sales Which Have Consistently Increased Every Year Since 2018.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Lincoln

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 17 CONCESSION 2 CLINTON AS IN R0807330 SAVE AND EXCEPT

  • Taxes: $62,893

  • Taxes Type: Annual

Land

  • Cross Street: Ontario St & Friesen

  • Municipality District: Lincoln

  • Parcel Number: 460990257

  • Sewer: San+Storm

  • Lot Depth: 290 Feet

  • Lot Frontage: 182 Feet

  • Zoning: General Commerci

Commercial Specific

  • Rail: N

  • Retail Area: 11755

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1.28

  • Total Area Metric: Acres

  • Lot Code: Lot

Map of 4486 Ontario Street, Lincoln
JK-6

Park Public School

Elementary: Public
4.78 km
JK-8

Grand Avenue Public School

Elementary: Public
4.42 km
JK-8

Jacob Beam Public School

Elementary: Public
1.07 km
JK-8

St John Catholic Elementary School

Elementary: Catholic
2.66 km
JK-8

Senator Gibson

Elementary: Public
0.62 km
JK-8

St Mark Catholic Elementary School

Elementary: Catholic
1.94 km
9-12

DSBN Academy

Secondary: Public
18.34 km
9-12

South Lincoln High School

Secondary: Public
10.63 km
9-12

Beamsville District Secondary School

Secondary: Public
0.91 km
9-12

Grimsby Secondary School

Secondary: Public
7.81 km
9-12

E L Crossley Secondary School

Secondary: Public
19.71 km
Pre-Grade 9-12

Blessed Trinity Catholic Secondary School

Secondary: Catholic
8.69 km