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Cornwall,ON K6H 1Y4
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 36,415 sqft
Price per Sqft $71
MLS Listing ID X9410598
Annual Tax Amount $136,113
Tax Year 2024
Lot Size 0.500 Acres
Property Description
The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action.
Location
Province ON
County Stormont, Dundas And Glengarry
Rooms
Basement None
Kitchen 0
Interior
Cooling Unknown
Fireplace No
Exterior
Pool None
Utilities Available Unknown
Waterfront No
Roof Type Unknown
Parking Type Unknown
Total Parking Spaces 51
Building
Foundation Poured Concrete
Others
Security Features Unknown