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    22 Marie Street

    South River, ON P0A 1X0
    • $399,900
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: 40123313
    UPDATED: 13 min ago
    $399,900
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    County:
    Area:

    Description

    Great investment opportunity in the heart of South River with great corner lot exposure from Highway 124. Operate your own business and have living quarters or have 6 rental incomes. 2 commercial units on the main floor, one 2-bedroom on main floor and three 2-bedroom apartments on the 2nd floor. Apartments rent for $500-$600/month plus tenants pay heat/hydro. Tenants are all in good-standing and would all like to stay. Some have been there 30+ and 10+ years. 2019 numbers were over $54,000 in rental income and netting approximately $40,000 after expenses. As of November 2020, the 2 commercial units on the main floor were combined to form the Guardian Pharmacy which has moved out but was generating $27,600 income. 1800 sq. ft. space in the former library downstairs - could be converted to apartments or rent as retail space. Men/women washrooms adjacent to former library. All units have separate hydro meters. Owner pays water, heat/hydro for common areas and library area. Don't miss your chance to ownthis multi-unit commercial property with great income!

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    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

    The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Data last updated: 2021-07-24T16:21:20.58.
    www.foresthillbarrie.com/homes/117810004
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    22 Marie Street South River, ON P0A 1X0

    • Price: $399,900
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 40123313
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    Neighbourhood:
    South River
    County:
    Parry Sound
    Area:
    South River
    Property Description
    Great investment opportunity in the heart of South River with great corner lot exposure from Highway 124. Operate your own business and have living quarters or have 6 rental incomes. 2 commercial units on the main floor, one 2-bedroom on main floor and three 2-bedroom apartments on the 2nd floor. Apartments rent for $500-$600/month plus tenants pay heat/hydro. Tenants are all in good-standing and would all like to stay. Some have been there 30+ and 10+ years. 2019 numbers were over $54,000 in rental income and netting approximately $40,000 after expenses. As of November 2020, the 2 commercial units on the main floor were combined to form the Guardian Pharmacy which has moved out but was generating $27,600 income. 1800 sq. ft. space in the former library downstairs - could be converted to apartments or rent as retail space. Men/women washrooms adjacent to former library. All units have separate hydro meters. Owner pays water, heat/hydro for common areas and library area. Don't miss your chance to ownthis multi-unit commercial property with great income!
    Exterior Features

    Construction Materials Brick Features In Area Ample ParkingCorner SiteDowntownHigh Traffic AreaHighway AccessPlayground NearbyShopping NearbyVisual Exposure Fronting On North Garage YN No Lot Size Area 0.3980 Parking Driveway Spaces Total 14.00 Parking Features AsphaltReserved/Assigned Parking Total 14 Road Access Public RoadYear Round Road Water Front YN No

    Interior Features

    Basement YN Yes Building Area Total 6800.00 Cooling None Cooling YN No Heating Baseboard Kitchens Total 0

    Property Features

    Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Lot Depth 132.00 Lot Front 138.65 Mls Status Active New Construction YN No Property Sub Type Building And Land Sewer Septic Stories Total 2.0

    Listing information © 2021 Information Technology Systems Ontario.
    Listing provided courtesy of Dylan Jarvis of Keller Williams Experience Realty Brokerage.
    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

    The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Data last updated: 2021-07-24T16:21:20.58.
     
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    Forest Hill Real Estate Inc Brokerage
    54 Cedar Point Drive Unit 1207
    Barrie ON, L4N 5R7