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66 Broadway

1,998 SF Retail Building Orangeville, ON L9W 1J9 $796,840 USD ($398.82 USD/SF) 5.20% Cap Rate

EXECUTIVE SUMMARY

This newly renovated building with 1,998 total sqft is set in the bustling historic downtown district of Orangeville, showcasing prime location & ample parking - both units already leased! Storefront retail unit is the popular 6IXTY WINGS restaurant franchise with a signed 10-year contract. Upper Apt is a 2 BED, 1 BATH, 2-STOREY open concept & contemporary space with a committed responsible AAA Tenant. Many property upgrades: Hot Water Tank (owned, 2024), Roof/Windows/Furnace/Central AC/Electrical Panel (2019), Residential Apt has Stainless Steel Appliances & Front Load Washer/Dryer (2017), Restaurant comes with all Kitchen equipment included with sale. Incredible walking score, 7 parking spots at rear of building, centrally located in the designated Historic Conservation District - surrounded by many businesses big & small, great exposure to all driving by! Orangeville is host to the infamous Blues & Jazz Festival, epic Town Hall Holiday celebrations and the weekly summer Farmer's Market -- thriving as a vibrant community. Don't miss out on this incredible investment opportunity - immediate possession, yours for the taking!!!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,998 SF
Building Class
C
Year Built/Renovated
1890/2017
Price
$796,840 USD
Price Per SF
$398.82 USD
Cap Rate
5.20%
NOI
$41,436 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.74
Lot Size
0.06 AC
Frontage
49’ on Broadway
Walk Score®
Walker's Paradise (94)
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.®

NEARBY MAJOR RETAILERS

Sunbelt Rentals
TD Canada Trust
Tim Hortons
RBC Royal Bank
GoodLife Fitness
Zehrs
Fionn MacCool's
Montana’s BBQ & Bar
Kelsey's
9Round
  • Listing ID: 32000925

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 66 Broadway, Orangeville, ON L9W 1J9

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