Secure a fully leased retail investment in the heart of Paris at 271 Grand River Street North, a prime commercial property positioned along one of the city’s busiest retail corridors. This ±4,380-square-foot plaza sits on a 0.378-acre site and offers exceptional visibility and accessibility, drawing consistent traffic from surrounding residential neighborhoods and nearby retail anchors such as Canadian Tire and Sobeys. The property features two units: a 1,450-square-foot space occupied by Subway and an additional 2,930-square-foot unit leased to complementary tenants, ensuring stable income and diversified tenancy.
With a going-in cap rate of 5.56% on the asking price of $1,549,000, this asset presents a compelling opportunity for investors seeking reliable cash flow in a growing market. The building’s flexible design allows for easy divisibility, while ample on-site parking enhances customer convenience. Located just minutes from downtown Paris, the site benefits from strong demographics and proximity to major transportation routes, making it an ideal long-term hold in a thriving commercial corridor. Permitted uses under C1 zoning include retail, office, personal services, and more, adding future adaptability to this investment.