2499 #3 Highway Save Request In-Person Tour Request Virtual Tour
Jarvis,ON N0A 1J0
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,174 sqft
Price per Sqft $141
MLS Listing ID 40691966
Abv Grd Liv Area 9,174
Originating Board Hamilton - Burlington
Annual Tax Amount $8,853
Property Sub-Type Mixed,Building and Land
Property Description
Looking for a turnkey business offering positive cash flow? Look no further than 2499 Hwy 3 in Jarvis! The 2.5 acres of prime real estate offers ample space for current operations as well as future growth or expansion opportunities. With positive cash flow and a unique commercial zoning designation, the property provides a rare combination of profitability and flexibility. This property is being used as transitional housing by Norfolk County since 2018 and would like to continue. Cash flow includes 14 units being rented monthly at $1,100 plus office at $500 and laundry at $500 for a total of $196,800. As an added bonus, there is a full 2-bedroom apartment on the second floor which the current owners are living in. Don't miss your chance on this excellent opportunity.
Location
Province ON
County Haldimand
Area Walpole
Zoning CS- SERVICE COMMERCIAL
Direction Hwy 6, East on Hwy 3
Rooms
Basement Crawl Space
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Exterior Feature Storage
Parking Features Asphalt,Gravel
Utilities Available Electricity Connected,Natural Gas Connected,Phone Connected
Lot Frontage 373.34
Lot Depth 276.43
Garage No
Building
Lot Description Ample Parking,High Traffic Area
Faces Hwy 6, East on Hwy 3
Story 2
Foundation Concrete Block
Sewer Septic Tank
Water Well
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 361990102
Ownership Freehold/None