147 MAIN STREET Morrisburg, ON
$ 999,999
Property Attributes
  • ID#1223329X
  • TypeCommercial
  • CityMorrisburg
  • NeighbourhoodMORRISBURG
  • Postal CodeK0C 1X0
  • Style
  • Price$ 999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Data Source:
Canadian Real Estate Association
Property Description

5 Unit strip mall , located in the commercial zone of the Morrisburg Mall hub. High Visibility with direct client parking , with strong foot traffic & County rd. 2 sign/building visibility. Currently all 5 units fully leased however one tenant month to month and will be leaving at end of term in 2 months. Currently negotiating with prospective tenant for this final space in plaza . Units have sign options facing west and north. Opportunity to purchase a commercial building for your investment portfolio with a 5.1% capitalization rate. Mall has recently negotiated a new 5yr+5 option lease with a restaurant , property will emerge as a great upside investment after Covid. Unit sizes (sq. Ft.) are 1A-680,1B-1400,2- 1170, 3-1025, 4-420. Seller is currently involved in renovations in 3 units as part of new leases . New restaurant will be occupying 1-A,4,and 1-b . Listing realtor must attend all showings, Financials available with accepted offer as per Form 244 Seller's Direction. (id:7434)

General Features

More Information Link
Neighbourhood MORRISBURG
Property Type Retail
Zoning Description Commercial

Interior Features

Building Fireplace Present False

Exterior Features

Parking Space Total 15


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in K0C 1X0

AVG $680K
AVG 56
AVG 27
Data Provided by Walkscore ® not using MLS data