7 E Water St - Storefront Retail/Residential FOR SALE


Little Curren, ON P0P 1K0
$499,000 CAD
705-673-3000
7 E Water St, Little Curren, ON for Sale
$499,000 CAD
Storefront Retail/Residential - FOR SALE
1/30
null | 7.5% Cap Rate

7 E Water St
Little Curren, ON P0P 1K0


HIGHLIGHTS

  • Approximate 7.5% cap rate based on current income.
  • Seller VTB financing available.
  • Mixed-use commercial property.
  • Steps from the waterfront.
  • 100% occupied with stable tenants.

OVERVIEW

INVESTOR ALERT - PRIME LITTLE CURRENT LOCATION I 7.5% CAP I UNDER $500,000 I VTB AVAILABLE Offered at under $500,000 with Seller VTB financing available. Approximate 7.5% cap rate based on current income. Mixed-use commercial property located in downtown Little Current on Water Street, Manitoulin Island's primary commercial corridor. Steps from the town docks and North Channel waterfront. 100% occupied with stable tenants and consistent income. Potential for rent optimization and operational improvements. Located in a high-traffic, central commercial area with strong visibility and foot traffic.

FOR SALE DETAILS

PRICE

$499,000 CAD

PRICE/SF

$83 CAD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,595 SF

ZONING

C1

APN/PARCEL ID

471220509

ASK ABOUT THIS PROPERTY

Justin MuzzattiMallette Goring Inc.More Info
705-673-3000

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Justin MuzzattiMallette Goring Inc.More Info
705-673-3000

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