For Sale Retail

314/316 Raglan Street S

$749,000 Est. $3,316/mo ↓

Renfrew, Ontario K7V 1R5

6,297 sqft Interior
3 Parking spaces
Bldg=53.5 X 116 Ft ; 0 Lot size
121 days ago Listed
Fully Air Conditioned Hot Water Radiator Heat

About this home

Prime Commercial investment opportunity in the heart of downtown Renfrew! Retail or office with residential unit(s) above or behind. This impressive property boasts one-story commercial building with retail or office and three residential unit(s). One unit on the main floor and two units above. The restaurant was a fully-operational commercial kitchen and bar with outdoor patio area approx. 1,200 sqft. Parking available: 4 spaces owned and many more shared parking as well as street parking available. Located in older downtown core. Two apartments already rented at approx. $3200/M. Owner lives in the 3rd apartment which can be rented easily at approx $ 2400/M. The building is a great opportunity as an investment with the potential for multiple tenants or for an owner who would occupy. If you are someone looking to set up their business like Retail, Pharmacy, Medical Clinic, restaurant, coffee shop for long term success with the opportunity to expand, this could be for you... Pictures show old restaurant/bar but it is empty now (Displayed to show potential similar business on site). (id:28469)

Facts & features

Property

MLS® Number
X13013968
Property Type
Retail
Community Name
540 - Renfrew
Parking Space Total
3

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat
Size Exterior
6296.88 Sqft
Size Interior
6,297 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
116 Ft
Size Frontage
53 Ft ,6 In
Size Irregular
Bldg=53.5 X 116 Ft ; 0
Size Total Text
Bldg=53.5 X 116 Ft ; 0
Zoning Description
C1

The Renfrew market

62 Active listings
$499,900 Median asking price
50% above median This home
49 days Avg. time on market
Browse all Renfrew listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$3,316/mo
Ontario land transfer tax
$11,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

314/316 Raglan Street S, Renfrew, Ontario K7V 1R5  ·  Get directions

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