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41401 Amberley Rd

4,953 SF Retail Building Bluevale, ON N0G 1G0 $526,723 USD ($106 USD/SF) 8% Cap Rate

Investment Highlights

  • Multi-permitted uses.
  • Freehold service.
  • Freehold industrial.

Executive Summary

Prime Location with Highway Frontage!
Situated just 5 minutes southeast of Wingham, this property boasts a huge 399ft frontage on Highway 86. With approximately 2 acres of land featuring few trees and a flat terrain, along with a spacious 5000 sq ft building, this property offers immense potential.
The building includes 6 roll-up doors and 1/3 asphalt with ample parking, making it suitable for various uses. Currently utilized for auto sales and car repair, the flexible zoning permits numerous options for the land – interested parties can request the zoning bylaw for further details.
Serviced with natural gas, this property has been under the same ownership since 1983, fostering years of built-in goodwill. This presents an excellent opportunity for a new operator to assume any returning business under their own brand.
Extras: This property offers many permitted uses and is extremely versatile, making it ideal for an end-user, investor, or developer. Additionally, there is potential to add residential dwellings to the property. Ample parking adds to the property's appeal.
Contact us today to explore the endless possibilities that this property has to offer!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
4,953 SF
Year Built
1970
Price
$526,723 USD
Price Per SF
$106 USD
Cap Rate
8%
NOI
$42,138 USD
Tenancy
Single
Building Height
1 Story
Zoning
VC2 - Village core zone.
Parking
60 Spaces (12.11 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
  • Listing ID: 31157301

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 41401 Amberley Rd, Bluevale, ON N0G 1G0

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