GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise owner occupied October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. They also have an option to renew for one three year term at negotiated rates. Neither Tenant has use of the rear yard. Total present net income for 2024 is $145,800.00. A purchaser could purchase this property now and have the income and build approximately another 6,000.00 square feet onto this building now or in the future for self use or additional income. Presently the rear yard does not have an income but can be easily leased out for additional income as well. Zoning is the best industrial zoned land allowing automotive sales and repair, manufacturing, service commercial uses. (id:50947)
| MLS® Number | 40673403 |
| Property Type | Retail |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Features | Rail |
| Basement Type | None |
| Stories Total | 1 |
| Size Exterior | 6000.0000 |
| Size Interior | 6000 Sqft |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 303 Ft |
| Size Frontage | 100 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | Ge-1 |
https://www.realtor.ca/real-estate/27614924/4430-harvester-road-burlington
Contact us for more information
Scott Overell
Broker of Record
(905) 332-6601
www.martelcommercial.com
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The Reitzels
Keller Williams Innovation
640 Riverbend Drive
Kitchener, ON N2K 3S2
Phone: 519-570-6299 or
519-570-4447
Email: info@TheReitzels.com
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