10
See all 10 photos
$2,599,000
Est. payment /mo
38,872 SqFt
Active
132 SECOND STREET E Cornwall, ON K6H1Y4
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 38,872 sqft
Price per Sqft $66
Subdivision 717 - Cornwall
MLS® Listing ID X11899934
Originating Board Kingston & Area Real Estate Association
Property Description
132 Second Street East, Cornwall is a four-storey office building with approximately 38,872 sq.ft. of gross rentable floor area, including31,464 sq.ft. of usable space. The property sits on a 0.90-acre lot with approximately 54 exterior parking spaces. It is located in the city core, just two blocks from the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre, and within four blocks of City Hall. The building is partially leased to professional office tenants including a law office and the Ontario Realty Corporation. It features a hydraulic elevator, and the Central Business District zoning permits a broad range of uses, such as professional offices, restaurants, banks, and multi-family. This property is ideal for conversion into mixed-use with a residential/commercial main floor mix or enhancement through a progressive lease-up program. Approximately 28,486 sq.ft. is available for lease-up, with the building already divided and existing leaseholds in place, including per-floor washrooms and kitchenette areas with sinks. It's an impressive building in appearance, with a rooftop workshop/storage area that offers potential future revenue value. The irregular lot with on-site parking and prime downtown location, makes for a great opportunity. This sale is being conducted under a Power of Sale Action. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
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