Former Fireplace Gallery building - 16,977 SF multi-tenant building situated on a 1 acre parcel with Gateway Boulevard frontage. Great opportunity for an owner/user to...
Unique building that has excellent cash flow! Borderline historic, this property has been completely refurbished in 2012-15 with water-on-demand, LED lighting, thick insulation, and new plumbing. The open-concept in the suites is very European in style, and is very functional and comfortable. The property requires minimal maintenance and its proximity to both a major transportation hub and two freeways ensures the place is always tenanted. Community shops and services are minutes away by foot, as are a variety of parks. Mixed commercial-residential property, fully-refurbished building.
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial, Retail
Construction:
See Remarks
Building Type:
Mixed Use, Multi Tenant/Multi Plex, Street-Level Storefront
# Units:
5
Tot Pkg Spaces:
4
# Storeys:
2.0
Year built:
1951
(Age: 72)
Total Floor Area:
3,200 sq. ft.297.29 m2
Lot Area:
0 sq. ft.0 m2
Land Use/Zoning:
CB1
Plan:
2539AW
Title to Land:
Freehold
LINC Number:
0015565346
Num. of Parcels:
1
Cap Rate %:
0.0
Gross Operating Income:
$86,100
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$46,380
Total Oper. Expenses:
$39,720
Tot Expenses:
$0
Entry date:
May 17, 2023
Data was last updated June 2, 2023 at 06:30 AM (UTC)
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