Ingersoll, ON N5C 1G6,51 KING ST
Ingersoll, ON N5C 1G6,51 KING ST
Ingersoll, ON N5C 1G6,51 KING ST
Ingersoll, ON N5C 1G6,51 KING ST
Ingersoll, ON N5C 1G6,51 KING ST
Ingersoll, ON N5C 1G6,51 KING ST
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$ 999,900
Est. payment | /mo

3,040 SqFt


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$ 999,900
Est. payment | /mo
Save

3,040 SqFt

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $328

MLS Listing ID X8007518

Annual Tax Amount $2,604

Tax Year 2023

Property Description

The mixed-use 4-plex in the heart of Ingersoll is a promising investment. Renovated in 2020, it features two commercial units (Tito Pizza franchise and a Barbershop) and two residential units, delivering a net income of $58,003.25. Building & land only for sale. Key attractions include secure commercial leases: Tito Pizza holds a 10-year lease ending in 2031 with an option for another 10 year term, while the Barbershop has a 5-year lease until 2027, extendable for two additional 5-year terms. The professionally renovated residential units with reliable tenants contribute to steady income. Seller will consider financing options.

Location

State ON

County Oxford

Area Oxford

Zoning EC-6 & R2

Interior

Cooling Yes

Inclusions Appliances in the residential units, furniture in the top residential units.

Exterior

Utilities Available Available

Others

Security Features No

Listed by NON-TRREB BOARD OFFICE
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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51 KING ST