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6% CAP!Commercial zoned 4.5 Acre land with two income buildings on site.Both are currently under lease. Motel includes 8 Bachelor and 2 two bedroom. Properties info:Roof 2016;2 furnace in each building,one 2021,one 10 years;AC working well;Updated 3 phase Elec panels.Current income include 8 motel units for $5000/m,detached house $1200/m,snack car$500/m,$1200 yearly sign income.Property tax $7667/y,Insurance 8569/y;Hydro 5764/y,Gas 7143/y. Zoning allows lots of use including commercial and redevelopment. Located along major Highway 17, right across the L'original Catholic school board.Great visibility and accessibility.1Hr drive from Montreal and Ottawa, close to industry complexes,waterfront cottages,campgrounds and marinas,rapid developing nearby enterprise and large residential site.Great potential for REDEVELOPMENT and INCOME GROWTH. Check below the YouTube link for site video.Showing for exterior and 2 vacant units only,all other units can be showed upon conditional offer. (id:10452)
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Property Details
| Property Type | Multi-family |
|---|---|
| Square Feet | |
| Maintenance | N/A |
| Days On Our Website | 171 |
| Basement | |
| Kitchens | |
| Lot Dimensions | 4.5 ac |
| Pool | N/A |
| Area | L'Orignal |
| Air Conditioning | N/A |
| Heating | Natural gas - Forced air |
| Exterior | Brick, Vinyl |
| Parking Spaces | 20 |
| Sewers | Septic System |
| Water | Drilled Well |
Listing Office: ROYAL LEPAGE TEAM REALTY
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