113 WILLIAM HENDERSON DR #1 & 2 Active

Loyalist,ON K0H 1H0

$ 625000

- Bed

- Bath

2400 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $260

MLS Listing ID X9411646

HOA Fees $491

Annual Tax Amount $11,289

Tax Year 2024

Lot Size 0.500 Acres

Property Description

Great affordable investment of two 1200 sf condo units in the Loyalist Industrial Park. Opportunity is available for ownership of these condos with the current Owner, National Small Engines, to sign back a fully NET lease for a two year term. The rent is to be $12 fully net or $2400/month + HST + Tenant paying all realty taxes, insurance, condo fees and utilities. When lease expires, imagine the flexibility to occupy or again lease to others.
The property has easy access, legal side and rear compound, ample paved parking, and being only about 5 years old, very little maintenance. Both units have a handicap 2 piece bathroom and unit #2 has a 395 sf mezzanine for an office and storage. Ceiling height is 14'3" to drywalled ceiling and mezzanine at 7'3" ceiling height. Both units have a powered overhead drive-in 12' x 12' door, front and rear 36" man-doors and an adjoining man-door.

Location

Province ON

County Lennox & Addington

Community Lennox And Addington - South

Area Lennox & Addington

Zoning M1-15

Region Lennox and Addington - South

City Region Lennox and Addington - South

Rooms

Basement None

Kitchen 0

Interior

Cooling Unknown

Exterior

Pool None

Utilities Available Unknown

Roof Type Unknown

Building

Foundation Slab

New Construction false

Others

Security Features Unknown

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