2499 Hwy 3 N/A

Haldimand,ON N0A 1J0

$ 1299000

- Bed

- Bath

9174 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,174 sqft

Price per Sqft $141

Subdivision Haldimand

MLS Listing ID X11933883

Annual Tax Amount $8,853

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

Looking for a turnkey business offering positive cash flow? Look no further than 2499 Hwy 3 in Jarvis! The 2.5 acres of prime real estate offers ample space for current operations as well as future growth or expansion opportunities. With positive cash flow and a unique commercial zoning designation, the property provides a rare combination of profitability and flexibility. This property is being used as transitional housing by Norfolk County since 2018 and would like to continue. Cash flow includes 14 units being rented monthly at $1,100 plus office at $500 and laundry at $500 for a total of $196,800. As an added bonus, there is a full 2-bedroom apartment on the second floor which the current owners are living in. Don't miss your chance on this excellent opportunity.

Location

Province ON

County Haldimand

Community Haldimand

Area Haldimand

Interior

Cooling Yes

Exterior

Utilities Available Yes

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