22 FIFTH AVENUE, Cochrane

$610,000

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About this property

Welcome to this exceptionally maintained property that showcases outstanding curb appeal. This cash-flow-positive property would make a great addition to your investment portfolio and provide the flexibility of a unique mixed-use commercial opportunity. Situated on a highly visible corner lot with ample parking and a C3-1 zoning, this property features two separate buildings offering a total of 4 office units, 1 residential apartment, and 1 garage unit. The newer building, constructed in 2012, offers over 2,600 sq. ft., while the adjacent building provides an additional 1,400+ sq. ft. Each unit is thoughtfully equipped with in-floor heating, air exchangers, utility sinks, hot water on demand, and air conditioning. With established, long-standing tenants already in place, this property offers steady rental income and a great opportunity to own a versatile property with multiple revenue streams. Whether you're looking to expand your portfolio or secure a commercial property with space and flexibility, this one is worth a look. (id:66939)

Property details

Price
$610,000
Living area
4,041 square feet
Parking
10
Property type
Office
MLS® number
T13767500

Location

Map showing the location of 22 FIFTH AVENUE, Cochrane

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Source board: Timmins, Cochrane & Timiskaming District Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.