Introducing an outstanding 5-unit multifamily property with commercial zoning located in Brechin. This property boasts approximately 6,300 square feet of space, making it ideal for various retail ventures.
There are two buildings on the lot comprising 5 rental units (4 residential and 1 commercial). There is a common laundry area shared by all tenants with new coin laundry machines. The garage and parking area are leased together and the tenants have their own designated parking. Snow clearing and lawn maintenance are part of the lease agreements with the tenants. Roofing, furnace and AC have been recently replaced.
This property is move-in ready and offers a generous parking ratio of 7.01 spaces per 1,000 square feet. The commercial zoning opens up a world of possibilities, while the 0.78-acre land area ensures ample space for expansion or customization. Additionally, its proximity to Lake Simcoe, and the convenience of nearby municipal amenities make this property a prime investment opportunity.
VTB can be made available for qualified buyers.
Don't miss out on the potential of this cash flowing property with promising new industrial developments in the vicinity.