1.613.401.4267 | ryanpattinson@royallepage.ca

59 Main Street $249,900 Home > 59 Main Street

Year Built:
Lot Size: 100 ' x 120.12 '

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Opportunity knocks for someone looking for commercial space with your financing supplemented by rental income. The attractive building is located in a high traffic area right on main street Cobden. Building contains 3 units. Main level is the commercial unit (currently a hair salon) with two piece bathroom. Back unit is a 1 bed 1 bath rental currently rented to a long term tenant at $625/mth. The main level is heated by a gas furnace paid by landlord. Upper unit is a 2 bed 1 bath. Tenant has been there 20+ years at $425/mth plus utilities. Current rents are well below market value. Upper unit is heated with a gas wall unit. Two separate gas and hydro meters. Large city lot for possible expansion (buyer to confirm with township). Water and sewer $3600/year. Municipal taxes $2211/year. Investors could easily get $900/month + on the commercial unit. **24 HOUR NOTICE FOR SHOWINGS**

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Contact Ryan Pattison

Interested in this property?

Ryan Pattinson

Sales Representative Royal LePage Edmonds & Associates

P: 613.401.4267
E: ryanpattinson@royallepage.ca