188 MILITARY Road, South Glengarry | Image 1

188 MILITARY Road

South Glengarry, 722 - Lancaster

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: 724

  • Age: No Data

  • Taxes: 8810

  • MLS®#: X9523606

  • Days on Site: 27 Days

  • Added: Oct 21, 2024 (1 month ago)

  • Updated:

  • Last Checked: 21 hours ago

  • Listed By: CENTURY 21 SHIELD REALTY LTD.

This is a rare opportunity located right on the main street in Lancaster. The 8-unit building offers 7 spacious residential units and 1 commercial unit. 5x 2Bedroom units and 2x 1Bedroom units. The beautifully updated commercial space presents a world of possibilities, and the residential units offer plenty of upside for increased income. Enjoy strong cash flow and a prime location. The building is located in a high-traffic area with excellent visibility, making it ideal for a variety of businesses. The residential units are in high demand due to their prime location and affordable rent, and the property is well-maintained and has been updated with modern amenities. Don't miss out on this rare opportunity to acquire a high-performing investment property in a desirable location.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 71909

  • Area: South Glengarry

  • Community: 722 - Lancaster

  • Availability Date: TBD

Parking

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 W OF MILITARY RD, S OF S TERRACE ST AND S OF RAILWAY PL

  • Taxes: $8,810

  • Insurance Fee: 4436

  • Water Fees: 3510

Land

  • Cross Street: Head on the 401 East

  • Municipality District: South Glengarry

  • Parcel Number: 671230121

  • Lot Depth: 123 Feet

  • Lot Frontage: 47 Feet

  • Zoning: 724

Commercial Specific

  • Gross Income/Sales: 92592

Map of 188 MILITARY Road, South Glengarry
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184 MILITARY Road South, South Glengarry | MLS: X9522567
For Sale
1 month ago
$750,000
  • 0 bath
  • 0 bed

184 MILITARY Road South, South Glengarry, Ontario • K0C 1N0 • 722 - Lancaster