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4318 PORTAGE - With the Federal Government as the anchor tenant with 5 years remaining on current lease and renewals, this commercial building is also zoned and approved for 12 additional condo units on the second and third floors of the currently vacant 6,000 square feet. Parking for over 125 cars in controlled parking, with room to build out extra space or even another building. This property of over 3 acres is an ideal addition to a professional portfolio boasting an excellent cap rate, assumable mortgage with some assistance with financing to the right buyer. With just 1 hour from the GTA and the potential for Residential Development this property is priced to sell.

Property Details

  • ID: 1705820
  • Storeys: 1
  • Style: Other
  • New Construction: No
  • Status: Active
  • County: Canada

Features

Flooring Type Laminate
Heating Type Baseboard heaters, Forced air
Other Fireplace Present - False
Sewer Sanitary Sewer
Transaction Type For sale
Listed By FLATPRICE.CA REAL ESTATE BROKERAGE - 255