ACTIVE
109 Pitt Street Cornwall, Ontario K6J 3P5
$799,900
4,600 ft<sup>2</sup>
Fully Air ConditionedForced Air
Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause. (id:28469)
Property Details
- MLS® Number
- X12776992
- Property Type
- Retail
- Community Name
- 717 - Cornwall
Building
- Cooling Type
- Fully Air Conditioned
- Heating Fuel
- Natural Gas, Electric
- Heating Type
- Forced Air
- Size Exterior
- 4600 Sqft
- Size Interior
- 4,600 Ft<sup>2</sup>
- Utility Water
- Municipal Water
Land
- Acreage
- No
- Size Depth
- 121 Ft ,3 In
- Size Frontage
- 32 Ft
- Size Irregular
- Bldg=32.08 X 121.3 Ft
- Size Total Text
- Bldg=32.08 X 121.3 Ft
- Zoning Description
- Cbd
Neighbourhood
Alan Mclaughlin-Wheeler
Salesperson
RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
Garret Munro
Salesperson
RE/MAX Affiliates Marquis Ltd.
649 Second St E
Cornwall, Ontario K6H 1Z7
649 Second St E
Cornwall, Ontario K6H 1Z7
(613) 938-8100
(613) 938-3295
