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23 Booth Street Oro-Medonte, Ontario L0L 1T0

Central Air Conditioning Forced Air Acreage

$3,099,900

INVESTOR/USERS DREAM! NEWLY RENOVATED COMMERCIAL BUILDING FACING BUSY HWY 11. THIS MULTI-TENANT BUILDING FEATURES 4 UNITS - 2 IN THE FRONT AND 2 IN THE REAR. PLUS APPROX 1/2 ACRE OF DESIRABLE OUTSIDE STORAGE. SINCE THE CURRENT OWNER PURCHASED THE BUILDING THEY HAVE DONE NEARLY $1M IN IMPROVEMENTS INCLUDING BUT NOT LIMITED TO A NEW ROOF, NEW HVAC, NEW SEPTIC, CREATION OF NEW REAR YARD, NEW DRAINAGE, NEW GAS LINE RUN INTO BUILDING (REPLACEMENT OF OIL HEATING), NEW LIGHTING, NEW FLOORING, NEW WASHROOMS, NEW STATE OF THE ART SECURITY SYSTEM, NEW SECURITY FENCE, NEW PAINT, NEW SEPERATE METERS, AND MUCH MORE. THE TWO TENANTS AT THE FRONT ARE RETAIL TENANTS WHILE THERE IS TWO UNITS IN THE REAR. ONE BEING RECENTLY EMPTY, AND OTHER IS OWNER WHO CAN MOVE SHOULD A USER WISH TO OCCUPY THEIR UNIT. TWO BACK UNITS ARE MORE OF AN INDUSTRIAL USE ALLOWABLE UNDER THE CUSTOM WORKSHOP USE IN ORO'S COMMERCIAL BY-LAW. ALL TENANTS ARE SEPARATELY METERED FOR NET UTILITIES. THE BUILDING GENERATES EXCELLENT REVENUE AND THE ASKING PRICE REFLECTS A 6.5 CAP RATE. ASK LISTING AGENT FOR COPY OF COMPREHENSIVE MARKETING PACKAGE. BE SURE TO CHECK OUT VIDEO ATTACHMENT. SHOWINGS DURING REGULAR BUSINESS HOURS ONLY. IF AN OWNER OCCUPIER NEEDS SPACE APPROX 4800 SF AT THE REAR CAN BE MADE AVAILABLE FOR A USER BY TERMINATING TWO OF THE LEASES. THE TWO UNITS ARE ADJACENT TO EACH OTHER AND CAN BE COMBINED. (id:37962)

Business

Name Simcoe Benchmark

Property Details

MLS® Number 40322150
Property Type Retail
Amenities Near By Golf Nearby
Community Features High Traffic Area
Features Visual Exposure, Golf Course/parkland
Sign Type Pylon

Building

Basement Type None
Constructed Date 1975
Construction Material Concrete Block, Concrete Walls, Wood Frame
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Concrete, Metal, Wood
Fire Protection Alarm System
Flooring Type Concrete, Hardwood, Linoleum
Heating Type Forced Air
Stories Total 2
Size Exterior 15200.0000
Type Retail
Utility Water Bored Well

Land

Access Type Road Access, Highway Access, Highway Nearby
Acreage Yes
Land Amenities Golf Nearby
Sewer Septic System
Size Depth 349 Ft
Size Frontage 190 Ft
Size Irregular 1.522
Size Total 1.522 Ac|1/2 - 1.99 Acres
Size Total Text 1.522 Ac|1/2 - 1.99 Acres
Zoning Description Commercial

https://www.realtor.ca/real-estate/24866190/23-booth-street-oro-medonte


Phillip Moore
Salesperson

(705) 737-6526
(705) 739-1330
Sutton Group Incentive Realty Inc. Brokerage
1000 Innisfil Beach Road
Innisfil, Ontario L9S 2B5

(705) 739-1300
(705) 739-1330
www.suttonincentive.com