$999,900

51 King St

, Ingersoll, Ontario, N5C 1G6

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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.

Property Info
MLS®: X8007518
Listing Courtesy of NON-TRREB BOARD OFFICE
Total Bedrooms 0
Total Bathrooms 0
Basement Y
Floor Space 0 sq.ft.
Lot Size 1927 sq.ft.
Style other
Last Updated 2024-04-06
Property Type Store W/Apt/Office
Listed Price $999,900
Unit Pricing $999,900/sq.ft.
Strata Fee $0.00
Tax Estimate $2,604/Year
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