LOADING

186 &186a Military Road S South Glengarry, Ontario K0C 1N0

$210,000

VILLAGE OF LANCASTER! Located in the quaint Village of Lancaster just a stones throw away from the Highway 401 and only a 45 minute commute to the West Island of Montreal. Main floor commercial office space with potential for a second floor residential unit. Presently occupied by a single commercial tenant with a 5 year lease (with option to terminate after 2 years) and the Tenant pays general building operating expenses (additional information available upon request). The net revenue to the landlord is estimated to be approximately $25,000/annum under the current lease. Ideally suited eventually for an owner occupied commmercial property with 2nd floor owner suite when possession of space is returned to landlord/building owner. The tenant has the right to terminate after 2 years of the initial lease term and the lease includes a 1st Right of Refusal for the tenant. See Listing Brokerage for complete information on lease and summary of operating expenses. (id:37684)

Property Details

MLS® Number 1232069
Property Type Office
Neigbourhood Village of Lancaster

Building

Constructed Date 1910
Utility Power Single Phase

Land

Acreage No
Size Depth 49 Ft ,3 In
Size Frontage 36 Ft ,6 In
Size Irregular 0.06
Size Total 0.06 Ac
Size Total Text 0.06 Ac
Zoning Description Commercial

https://www.realtor.ca/real-estate/22956563/186-186a-military-road-s-south-glengarry-village-of-lancaster

Interested?

Contact us for more information


Your Favourites

 

No Favourites Found

 

Compare listings

Compare