265 King Street N, New Tecumseth (Alliston), Ontario

About 265 King Street N

LOCATION! LOCATION! LOCATION! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus TMI, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. ft. of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants. (id:6289)

More Info on this Alliston MLS® listing

265 King Street N is a listing for sale in New Tecumseth (Alliston). The MLS® number is N13774818. It covers 4,000 square feet. It's currently listed for $1,899,900. For more details on MLS® N13774818, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Alliston is available now!

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