40 Frankford Cres - Storefront Retail/Office FOR SALE


Trenton, ON K8V 4L2
$1,500,000 CAD
613-969-9901

NO PHOTO

$1,500,000 CAD
Storefront Retail/Office - FOR SALE
null | Request Cap Rate

40 Frankford Cres
Trenton, ON K8V 4L2


OVERVIEW

Commercial multi-unit investment opportunity featuring 15 units in total, including 14 commercial units and 1 residential unit, totaling approximately 14,752 sqft. The property is currently occupied by commercial tenants and offers separate hydro metering for each unit. Zoned SM-1, with a rezoning process currently underway to allow for the conversion of the entire building into residential units. During the construction process following rezoning approval, the building is expected to allow for continued mixed-use occupancy until the residential conversion is completed (subject to applicable approvals and requirements). A great opportunity for investors, commercial landlords, or developers looking to acquire an income-producing property with future residential redevelopment potential.

FOR SALE DETAILS

PRICE

$1,500,000 CAD

PRICE/SF

$102 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

SM-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jamie TrokeEkort Realty Ltd. BrokerageMore Info
613-969-9901

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Jamie TrokeEkort Realty Ltd. BrokerageMore Info
613-969-9901

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