3835 Mcbean St - Auto Repair FOR SALE


Richmond, ON K0A 2Z0
$1,649,900 CAD
855-595-6259
3835 Mcbean St, Richmond, ON for Sale
$1,649,900 CAD
Auto Repair - FOR SALE
1/26
null | Request Cap Rate

3835 Mcbean St
Richmond, ON K0A 2Z0


HIGHLIGHTS

  • Fully leased commercial property with three stable tenants generating $128,400 in annual gross rental income.
  • Landlord-friendly setup with tenants sharing hydro costs and streamlined management of remaining expenses.
  • Recently paved front lot enhances curb appeal and functionality for current and future use.
  • Zoned RG3[151r] with strong cash flow and future development potential beside a growing residential subdivision.

OVERVIEW

Prime Investment Opportunity - Fully Leased Commercial Property. An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. Vacant lot at 3833 McBean also available for sale.

FOR SALE DETAILS

PRICE

$1,649,900 CAD

PRICE/SF

$305 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RG3[151r]

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Colin ZappiaSutton Group - Ottawa RealtyMore Info
855-595-6259

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Colin ZappiaSutton Group - Ottawa RealtyMore Info
855-595-6259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.