$2,295,000
Available - For Sale
Listing ID: X13770874
692 Main Street East , Hawkesbury, K6A 1B4, Prescott and Rus
| Incredible prime commercial/ office , rare investment opportunity in Hawkesbury! 9,764SF . Strategically located in Hawkesbury, ON - approximately 100km to both Ottawa-Gatineau and Montreal via Hwy 417, Autoroute 50, and Hwy 174. Situated on the Ontario-Quebec border along the Ottawa River, offering excellent regional access and bilingual market exposure.Fully tenanted with strong, stable long-term leases to Ministry of Community and Social Services : Unit A 8,086 sq. ft. 5-year lease running until June 30, 2031, with a 5-year renewal option. Unit B ,1,678 sq. ft. 5-year lease running until Aug 31, 2029. Residential Unit on the 2nd-floor apartment providing additional consistent rental revenue. A turn-key holding property, with reliable quality covenants in place. This solid steel-structure building features a durable steel deck roof with membrane (2016), well-insulated exterior walls (decorative block, steel cladding, concrete, and rigid insulation), and dedicated front and rear parking for 47cars. Powered by a robust 400-amp electrical main feeding three 200-amp panels, 5 rooftop gas HVAC units, and municipal water and sewer connections. 1 attached garage . Managed by owner. NNN $177,300. Please keep in mind that these expense figures are purely estimates, based on the information on hand. Cap rate 7.7% |
| Price | $2,295,000 |
| Taxes: | $28939.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 692 Main Street East , Hawkesbury, K6A 1B4, Prescott and Rus |
| Postal Code: | K6A 1B4 |
| Province/State: | Prescott and Rus |
| Legal Description: | PLAN M-5 LOT 12 PT LOTS 10 11 AND 19 AND |
| Directions/Cross Streets: | HAMPDEN |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Office |
| Building Percentage: | T |
| Total Area: | 9764.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 9764 |
| Office/Appartment Area Code: | Sq Ft |
| Approximatly Age: | 31-50 |
| Business/Building Name: | MINISTRY OF COMMUNITY AND SOCIAL SERV |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Water Expense: | $1951 |
| Net Income Before Debt: | $177300 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Outside Storage: | F |
| Crane: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PERFORMANCE REALTY |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
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At a Glance:
| Type: | Com - Office |
| Area: | Prescott and Russell |
| Municipality: | Hawkesbury |
| Neighbourhood: | 612 - Hawkesbury |
| Approximate Age: | 31-50 |
| Tax: | $28,939 |
| Fireplace: | N |
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