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60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins
  • 60 DWYER AVENUE Timmins

60 DWYER AVENUE, Timmins, Ontario

$515,000

  • 6,134 Square Feet

This property is an excellent opportunity for investors, with a fully leased, well-maintained location occupied by a AAA tenant. The double net rent of $31,000 per year, along with a long-term lease agreement that runs until April 30th, 2027, with the option to extend for the next 30 years, make it an attractive option. The property's 6% CAP rate offers an impressive return, and it is strategically located in a high-density area. As part of the lease agreement, the tenant is required to cover property taxes and maintenance fees, and there is an escalation in base rent. The roof was replaced in 2014, and the structure dates back to the 1970s, The seller is highly motivated to sell and is eager to show its gem, so don't miss out on this opportunity! (id:23309)

  • Listing ID: X8014648
  • Property Type: Business
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Details

  • Transaction: For sale
  • Zoning Description: Commercial NA-CN NA-R3

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 6133.5 sqft
  • Utility Water: Municipal water

Land

  • Size Frontage: 62 ft ,2 in
  • Size Irregular: 62.2 x 97.05 FT
MLS®

Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 60 DWYER AVENUE in Timmins Ontario. It was last modified on January 22nd, 2024. Contact Diyana Reich to schedule a viewing or to discover other Timmins real estate for sale.

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