692 MAIN STREET E, Hawkesbury

$2,295,000

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About this property

Incredible prime commercial/ office , rare investment opportunity in Hawkesbury! 9,764SF Triple Net . Strategically located in Hawkesbury, ON - approximately 100km to both Ottawa-Gatineau and Montreal via Hwy 417, Autoroute 50, and Hwy 174. Situated on the Ontario-Quebec border along the Ottawa River, offering excellent regional access and bilingual market exposure.Fully tenanted with strong, stable leases to Ministry of Community and Social Services. 3 doors- 3 services. : Unit A 8,086 sq. ft. 5-year lease running until June 30, 2031, with a 5-year renewal option. Unit B ,1,678 sq. ft. 5-year lease running until Aug 31, 2029. Residential Unit on the 2nd-floor apartment providing additional consistent rental revenue. A turn-key holding property, with reliable quality covenants in place. This solid steel-structure building features a durable steel deck roof with membrane (2016), well-insulated exterior walls (decorative block, steel cladding, concrete, and rigid insulation), and dedicated front and rear parking for 47cars. Powered by a robust 400-amp electrical main feeding three 200-amp panels, 5 rooftop gas HVAC units, and municipal water and sewer connections. 1 attached garage . Managed by owner. Please keep in mind that these expense figures are purely estimates, based on the information on hand. Cap rate 8% (id:66939)

Property details

Price
$2,295,000
Living area
9,764 square feet
Parking
48
Property type
Office
MLS® number
X13770874

Location

Map showing the location of 692 MAIN STREET E, Hawkesbury

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Source board: Cornwall & District Real Estate Board.

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.