51 KING ST Active

Ingersoll,ON N5C 1G6

$ 999900

- Bed

- Bath

3040 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $328

MLS Listing ID X8007518

Annual Tax Amount $2,604

Tax Year 2023

Property Description

The mixed-use 4-plex in the heart of Ingersoll is a promising investment. Renovated in 2020, it features two commercial units (Tito Pizza franchise and a Barbershop) and two residential units, delivering a net income of $58,003.25. Building & land only for sale. Key attractions include secure commercial leases: Tito Pizza holds a 10-year lease ending in 2031 with an option for another 10 year term, while the Barbershop has a 5-year lease until 2027, extendable for two additional 5-year terms. The professionally renovated residential units with reliable tenants contribute to steady income. Seller will consider financing options.

Location

Province ON

County Oxford

Area Oxford

Zoning EC-6 & R2

Interior

Cooling Yes

Inclusions Appliances in the residential units, furniture in the top residential units.

Exterior

Utilities Available Available

Others

Security Features No

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