51 KING Street, Ingersoll, ON N5C 1G6

  • $999,900
51 KING Street, Ingersoll, ON N5C 1G6

Overview

Property ID: X8007518
  • Commercial Sale, Store W Apt/Office
  • Property Type
  • 3040
  • Square Feet

Description

The mixed-use 4-plex in the heart of Ingersoll is a promising investment. Renovated in 2020, it features two commercial units (Tito Pizza franchise and a Barbershop) and two residential units, delivering a net income of $58,003.25. Building & land only for sale. Key attractions include secure commercial leases: Tito Pizza holds a 10-year lease ending in 2031 with an option for another 10 year term, while the Barbershop has a 5-year lease until 2027, extendable for two additional 5-year terms. The professionally renovated residential units with reliable tenants contribute to steady income. Seller will consider financing options.

  • Address 51 KING Street
  • City Ingersoll
  • State/county ON
  • Zip/Postal Code N5C 1G6

Details

Updated on April 6, 2024 at 8:38 am
  • Property ID: X8007518
  • Price: $999,900
  • Property Size: 3040 Square Feet
  • Garage Size: x x
  • Property Type: Commercial Sale, Store W Apt/Office
  • Property Status: Active
  • MLS#: X8007518

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