Office Listing

Chris Pincombe, Broker


Remarks

Unique plaza property has great exposure on Highway 4 (by Elm Street). Being sold with the owners very successful restaurant business (as part of the sale) and tenants: Snip-Its Hair Shop, Escape from Realty, Elgin County Foot Services and a popular car wash at the rear. Effective July 1, 2019 gross rents will be over $105,764/year combined with the gross sales of over $500,000.00/year from the restaurant, makes it a great owner occupied investment, restaurant licenced under LLBO for 105 seats. The 6.65 acre ravine lot (GeoWarehouse) with 283 feet of frontage on Highway #4 might be of interest to developers wanting to enlarge the building envelope to include high rise residential units and commercial lease space with the proper zoning changes and approvals. Financial statements and rent roll are available with a signed Confidentiality Statement. The owner is also selling his restaurant business separately - see MLS 210016. (id:27)


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