Commercial Mall for sale!

Retail-Commercial for Sale
Catylist Listing ID: 30810316
Property Subtypes: Mixed Use
Building Size (RSF): 36,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.07 Acres
Sale Price: $3,490,000
Unit Price: $96.94 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/20/2022

Overview / Comments

Offering 100% interest in both 290 Main Street and 10 Cedar Drive in the rapidly expanding town of Niverville. Over 36,000 s.f. of leasable area on 2.07 acres of land. The property is one of the largest strip malls in Niverville and is very well located in the heart of the commercial zone adjacent to a few of the larger retailers in town. Recent capital improvements include: Paved parking lot, New garbage enclosure, Onsite shed, Improved drainage, Electrical upgrades, HVAC updating, Common area updating including paint and flooring, LED lighting, etc. Cashflow on day one! Call for detailed information & cashflow proforma of this opportunity.

Additional Details

Submarket/Township: R07
Tax ID/APN: 31600.000
Zoning: CC - COMMERCIAL CORRIDOR
Largest Nearby Street: P.R. No. 311

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Contact

Photograph of Listing Agent

Bob Schinkel

Royal LePage Riverbend Realty
CPIX® Member
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