216 Front Street North, Sarnia | Image 1

216 Front Street North

Sarnia, Sarnia

  • Commercial

$XXX,XXX
For Sale

Added 2 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: D1

  • Age: 51-99 years

  • Taxes: 13562.31

  • MLS®#: X11822577

  • Days on Site: 17 Days

  • Added: Nov 29, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: COLDWELL BANKER SOUTHWEST REALTY

7.6% RETURN. RIVER VIEW BUILDING FOR SALE IN PRIME LOCATION. FULLY OCCUPIED, THIS PROPERTY FEATURES 4000 SQ FT MAIN FLOOR WITH FRONTAGE ON BOTH FRONT ST.& CHRISTINA ST. THIS UNIT HAS A BASEMENT OF APPROX 3000 SQ FT. GLASS GARAGE DOORS ON BOTH SIDES MAKE FOR GREAT NATURAL LIGHT & DISPLAY. THERE IS A CENTRAL OPEN AIR COURTYARD CURRENTLY USED AS A GARBAGE CORRAL. THE 2ND FLOOR FEATURES 2 APARTMENTS BOTH WITH AMAZING VIEWS OF THE RIVER. THE BUILDING HAS RECENTLY BEEN UPGRADED INCLUDING BUT NOT LIMITED TO: ROOF, HVAC, FIRE ALARM, WINDOWS & DOORS, ELECTRICAL, & PLUMBING. RENTS ARE AS FOLLOWS: 2 BEDROOM $1100/MO.+ HYDRO, 1 BEDROOM $995/MO.+ HYDRO, & COMMERCIAL $4800/MO.+ UTILITIES & PROPERTY TAX. MAIN FLOOR IS CURRENTLY USED AS A RESTAURANT. D1 ZONING ALLOWS FOR MANY USES INCLUDING RETAIL/OFFICE & GYM. SELLERS ARE LICENSED REALTORS IN THE PROVINCE OF ONTARIO

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 51-99

  • Area: Sarnia

  • Community: Sarnia

  • Availability Date: 60 Days Neg.

Inside

  • Bathrooms: 2

  • Air Conditioning: Part

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

  • Amps: 200

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $13,562

  • Taxes Type: Annual

Land

  • Cross Street: Near Front and Georg

  • Municipality District: Sarnia

  • Parcel Number: 432680125

  • Sewer: Sanitary

  • Lot Depth: 186.65 Feet

  • Lot Frontage: 20.8 Feet

  • Zoning: D1

Commercial Specific

  • Retail Area: 3000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6500

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Financial Statement: Y

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