5301 Nauvoo Road, Warwick | Image 1

5301 Nauvoo Road

Warwick, Watford

  • Commercial

$XXX,XXX
For Sale

Added 4 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C1 1

  • Age: No Data

  • Taxes: 928

  • MLS®#: X8481726

  • Added: Jun 26, 2024 (4 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: SHANAHAN REALTY INC.

A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 7.3%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Warwick

  • Community: Watford

  • Availability Date: flexible

  • Assessment Amount: $68,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Baseboard

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 22 PL 1 WATFORD AS IN L586775 S/T L586775; S/T L422886; WA

  • Taxes: $928

  • Taxes Type: Annual

Land

  • Cross Street: Ontario St

  • Municipality District: Warwick

  • Parcel Number: 430640283

  • Sewer: Sanitary

  • Lot Depth: 132 Feet

  • Lot Frontage: 22 Feet

  • Zoning: C1 1

Commercial Specific

  • Rail: N

  • Retail Area: 1232

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2800

  • Total Area Metric: Sq Ft

  • Office Size: 1250

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Financial Statement: N

  • LLBO: N

Map of 5301 Nauvoo Road, Warwick
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 5434 Nauvoo Road, Warwick | MLS: X9398478
For Sale
1 month ago
$XXX,XXX
  • — bath
  • — bed

5434 Nauvoo Road, Warwick, Ontario • N0M 2S0 • Watford