12156 sq ft building that included retail, offices and warehousing. Two buildings which are rented out to the owners company occupying 430 3rd Avenue which is approximately 5556 sq ft. The warehouse at 410 3rd Avenue which is leased out until 2027 is 5592 sq ft. There is the potential to lease out additional space in another portion of the building which is approximately 1020 sq ft for $1200 per month. Leases are triple net. Income of $10,130 per month if owner leases back. Currently the owner is willing to lease back the Fraser Plumbing side of the building or make other arrangements to move out with a couple of months notice. Cap rate of 6.4% (36461600)
Time on REALTOR.ca
22 days
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