487 Rea Street, Timmins | Image 1

487 Rea Street

Timmins

  • Commercial

$XXX,XXX
For Sale

Added 6 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: General/Dept Store

  • Zoning: NA R3

  • Age: No Data

  • Taxes: 7740.18

  • MLS®#: T9279451

  • Days on Site: 186 Days

  • Added: Mar 14, 2024 (6 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: EXP REALTY OF CANADA INC., BROKERAGE

Attention investors and entrepreneurs! Several renovations have recently taken place in this this turnkey 3-unit multi-family building with a bonus space for a home based business. This income property has a commercial section (25% of the building ) and a 24' x 24' detached garage. It's the perfect setting to live comfortably, run a home-based business, and have other income to pay down a mortgage. The spacious apartments have laundry hook ups, private entrances and a parking space. Operating numbers for 2020 to 2022, will be shared upon receipt of a confidentiality agreement between the Seller and Buyer.

Property

  • Status: Sale

  • Type: General/Dept Store

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Timmins

  • Availability Date: Negotiable

Inside

  • Bathrooms: 1

  • Washrooms: 1

Building

  • Heat Type: Forced Air

  • Green Verification Status: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: SEE SCHEDULE B

  • Taxes: $7,740

  • Insurance Fee: 7006

  • Hydro Expense: 10260

  • Heat Expenses: 1381

  • Water Fees: 2219

Land

  • Cross Street: Between Waterloo Roa

  • Municipality District: Timmins

  • Parcel Number: 654230696

  • Sewer: Sewers

  • Lot Depth: 68.58

  • Lot Frontage: 99.64

  • Zoning: NA R3

Commercial Specific

  • Retail Area: 715

  • Total Area: 3500

  • Industrial Area Size: 560

  • Survey: N

  • Business/Building Name: Carole's Variety

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Car-Dependent

  • Most errands require a car.
45 /100

Somewhat Bikeable

  • Most errands require a car.
40 /100
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