Jarvis, ON N0A 1J0,2499 #3 Highway
Jarvis, ON N0A 1J0,2499 #3 Highway
Jarvis, ON N0A 1J0,2499 #3 Highway
Jarvis, ON N0A 1J0,2499 #3 Highway
Jarvis, ON N0A 1J0,2499 #3 Highway
Jarvis, ON N0A 1J0,2499 #3 Highway
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$ 1,299,000
Est. payment | /mo

9,174 SqFt


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$ 1,299,000
Est. payment | /mo
Save

9,174 SqFt

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

Listed by Royal LePage Macro Realty
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2499 #3 Highway