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100 Trafalgar Road Hillsburg, Ontario N0B 1Z0

3650

$989,900

HIGH TRAFFIC, COMMERCIAL INVESTMENT, $6,200 MONTHLY INCOME, 6.4% CAP RATE, AND FULLY RENTED. This prime commercial property, situated on the bustling main thoroughfare of Hillsburgh, represents a stellar investment opportunity. GET IN NOW!! While values are still low, with hundreds of residential homes already approved and underway and hundreds more in the approval process, the population will triple in the next few years, which will only increase an already sound investment. With a secure, long-term anchor tenant on a 15-year lease and 2 fully occupied upstairs residential units, consistent and steady cash flow will be guaranteed, ensuring the prosperity of your investment for years to come. Generating a total monthly income of $6,200 and boasting a cap rate of 6.48%, makes this property a no-brainer for any type of investor. This property is not only financially appealing but has been meticulously updated both structurally and mechanically, with over $150,000 in recent upgrades. The versatility of the C-1 zoning allows for various commercial uses, enhancing its appeal in this high-traffic Trafalgar Road location with ample parking for tenants and customers alike. Additionally, the property includes two updated apartments on the second floor, providing added income potential with little effort and a low vacancy rate due to its popular small-town location. Positioned near a range of amenities including a grocery store, arena, and veterinary clinic, in an area poised for new community developments and population increase, this property offers a unique blend of stability, growth, and convenience, making it a highly attractive option for investors looking to capitalize on Hillsburgh's economic expansion. (id:51300)

Property Details

MLS® Number 40587792
Property Type Retail
Community Features High Traffic Area
Equipment Type Water Heater
Features Visual Exposure
Rental Equipment Type Water Heater

Building

Basement Type Full
Stories Total 2
Size Exterior 3650.0000
Size Interior 3650
Utility Water Well

Land

Acreage No
Sewer Septic System
Size Depth 115 Ft
Size Frontage 45 Ft
Size Total Text Under 1/2 Acre
Zoning Description C-1

https://www.realtor.ca/real-estate/26884526/100-trafalgar-road-hillsburg

Tyler Stewart Dawe
Salesperson

(905) 639-7676
(905) 681-9908
www.remaxconnex.ca/

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