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Home ON Cochrane District Kapuskasing
52 RIVERSIDE DR
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$299,000
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52 RIVERSIDE DR
KAPUSKASING, Ontario P5N1A8

MLS® Number: TM163074

Listing Description

EXCELENT INVESTMENT OPPORTUNITY WITH THIS COMMERCIAL INCOME PROPERTY LOCATED ON BUSY INTERSECTION IN DOWNTOWN KAPUSKASING! GREAT NET INCOME FROM 3 EXCELLENT TENANTS WHO HAVE ALL BEEN THERE FOR OVER 10 YEARS, NEW 5 YEAR LEASE SIGNED (NOV. 1, 2016) WITH MARK'S WHICH IS LEASING 75% OF TOTAL 6000 SQ.FT. LEASABLE AREA ON MAIN FLOOR. WITH BALANCE RENTED BY BARBER SHOP AND COMPUTER STORE. LOTS OF EXTRA RENTAL INCOME POTENTIAL FROM AVAILABLE SPACE ON LOWER LEVEL, WELL MAINTAINED BUILDING! (2872656)

Location Description

TURN RIGHT OFF HIGHWAY 11 ON TO RIVERSIDE DR.

Property Summary

Property Type
Retail
Community Name
KAPUSKASING
Land Size
1/2 - 1 acre
Time on REALTOR.ca
2643 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Office space, Energy Efficient
Construction Material
Concrete block, Poured concrete
Building Amenities
Storefront
Structures
Workshop
Heating & Cooling
Heating Type
Baseboard heaters, Forced air, Overhead Heaters
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
Internet Access
Utility Sewer
Municipal sewage system
Water
Municipal water

Measurements

Square Footage
6000 sqft

Land

Lot Features
Frontage
50
Other Property Information
Access
Road access
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DAN GUERTIN