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319-327 Montreal Rd

6,814 SF 100% Leased Retail Building Cornwall, ON K6H 1B6 $557,156 USD ($82 USD/SF) 10.30% Cap Rate

Retail Space Ontario Cornwall 319-327 Montreal Rd, Cornwall, ON K6H 1B6

Executive Summary

Seven unit building with 5 residential and 2 commercial units, generating a gross revenue of $82,332.00. Long term tenants. 319 pays $1250 plus utilities plus hst, 321 pays $605 plus utilities and 325-1 pays $1332 including utilities, 325-2 pays $675 including utilities and 325-3 pays $533 plus utilities.Apt 4 pays 666 plus utilities. 327 pays 1800 plus utilities plus hst. There are three 2 bedroom and two 1 bedroom apartments and two commercial units.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,814 SF
Building Class
B
Year Built
1954
Price
$557,156 USD
Price Per SF
$82 USD
Cap Rate
10.30%
NOI
$57,411 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
COM 70
Parking
3 Spaces (0.44 Spaces per 1,000 SF Leased)
Frontage
63 FT on Montreal

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
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Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

WW
Tim Hortons
New York Fries
CrossFit
Osmow's
Royal Bank of Canada
CIBC
Nofrills
(613) 938-3860

Contact

  • Listing ID: 34381629

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: 319-327 Montreal Rd, Cornwall, ON K6H 1B6

The Retail Property at 319-327 Montreal Rd, Cornwall, ON K6H 1B6 is currently available for sale. Contact Royal Lepage Performance Realty for more information.

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319-327 Montreal Rd, Cornwall, ON for sale Interior Photo- Image 9 of 14
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319-327 Montreal Rd, Cornwall, ON for sale Interior Photo- Image 10 of 14
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319-327 Montreal Rd
(613) 938-3860 x

319-327 Montreal Rd

Talat Butt

(613) 938-3860

(613) 938-3860

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