800-808 York Road Guelph, Ontario

Excellent Opportunity To Acquire A Neighbourhood Plaza. 3,750 Sq.Ft Of Retail Area Plus One Apartment On 2nd Fl. Located On Busy York Rd, 4 Lane Main Road In Near Future. Close To Under-Serviced Large Residential Area. 5 Min. Drive To Guelph University. Permitted Usage: Restaurant, Commercial Entertainment, Hotel, Repair Services, Recreation Centre, And Vehicle Sales. Great Opportunity For The Investor Or End User. Opportunity To Develop Multi-Residential. Currently 1 unit vacant (interested potential tenant ) Potential Net Income of $113,500 with 100% occupancy. Priced at $600 psf Retail area and 5 % Cap rate. (id:4555)