



1/56215 165 AVENUE, South Glengarry, ON K0C1E0
$1.5M total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
92%
Lot Size
3.646 ac
Outstanding investment and business opportunity in Bainsville! Set on approximately 3.664 acres and zoned Highway Commercial (CH), this property offers exceptional flexibility for investors, contractors, business owners and developers looking for a property with room to grow.The site includes a 36' x 56' insulated and propane-heated commercial building with 16' ceilings, two 14' electric overhead garage doors, a 200-amp main electrical service and an additional 100-amp sub-panel. The building is ideally suited for equipment, vehicles, workshop use, warehousing, trades or other commercial operations.An approximately 40' x 36' second-level mezzanine provides valuable additional space and offers potential for conversion to an apartment, subject to applicable approvals and requirements.The real value is in the combination of the existing building and approximately 3.664 acres of commercial land. The generous lot provides opportunities for additional structures, outdoor storage, parking, business expansion or future redevelopment. Investors may also wish to explore the potential for a mini-storage facility or other income-producing commercial uses, subject to municipal and zoning approvals.The property currently has no well or septic system.A rare opportunity to secure a sizeable commercial parcel with an existing heated building and substantial future potential in South Glengarry. Ideal for buyers seeking a property they can operate from today while planning for expansion and increased value over time. Buyers to verify permitted uses, zoning, servicing and development possibilities with the municipality. (id:66811)
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Monthly debt service
$7K
Projected NOI
$82K
Annual cash flow
$-773
Cash-on-cash
-0.17%
DSCR
0.99
Going-in cap
5.49%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
103,694
Households
39,612
Median income
$63,500
Median age
40
Daytime population
159,160
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6215 165 AVENUE, South Glengarry.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.