1 & 3 Mcgill St

For Sale
$735,000
1 & 3 Mcgill St, Marmora and Lake
1 & 3 Mcgill St
Store With Apt/Office
CATEGORY
8,712 Sq Ft
TOTAL AREA
X6692078
MLSID
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Property Description
Attention Investors! Two 2 Story Buildings Near Downtown Marmora, Multi-Use With A Store & A Laundromat On Main Floor And 6 Two Bedroom Apartments. Apts Are Rented For $1450, $1062.60, $910.80, $910.80, $995.00 And Potential of >$1350 (currently vacant)/Month Respectively. Extra Income From Laundromat-yearly average income $8,500.00. Storefront rented for $600 plus utilities. Laundromat Run By Seller.
Property Details
Category
Store With Apt/Office
Zoning
Comm/Res - Mc
Total Area
8,712 Sq Ft
Office/Apartment Area
6,112 Sq Ft
Retail Area
2,600 Sq Ft
Lot Size
66' x 132'
Taxes
$6,842 (2022)
Listing contracted with Keller Williams Energy Real Estate
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Store With Apt/Office
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Large commercial/residential property for sale. Great access to Highway 7. Located in Marmora, roughly a halfway point between Toronto and Ottawa. Large, oversized door, with potential for in-floor heating system already to be installed. Living quarters attached to commercial space, features a large two bedroom unit with kitchen and two bathrooms. Potential for loading dock on west side of building. Parking space available for semi-trailers and room to expand. Seller is willing to do a partial VTB.
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