BANK REPOSESSION ***Modern Commercial Property with Excellent Investment Potential! Commercial plaza of approximately 14,625 sq. ft., recently built, offering excellent visibility and strong income potential. The building includes five separate units, with three spaces currently available--perfect for a buyer looking to establish their own business. The other two units are occupied by stable tenant, including a well-known local law firm. An exceptional opportunity for an investor or owner-occupant seeking a well-located and profitable property. Don't miss this chance!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Average contractual rent: ± 18.43 $/pi² (gross rate)
Vacancy rate: ± %
The sale is made with no legal warranty , at buyer`s risks and perils . The closing notary will be chosen by the vendor , or if buyer`s notary signs electronically we can accommodate.
no compensation will be paid to the broker if, before the signing of the deed of sale, the owner of the property or a third party remedies the defaults, pays the amounts owed to the judgment creditor, or if the said creditor withdraws their judgment and there is no longer any need to proceed with the present sale under court supervision. the same applies if the seller is prevented from completing the sale due to an injunction, order, or judgment of a court, or if the owner surrenders their assets in accordance with the provisions of the bankruptcy and insolvency law.
Building details and property interior
Dimensions
192' X 71'
Year constructed
Unknown
Living area
13,668 ft²
Lot and exterior features
Lot size
214' X 226'
Lot area
48,420 ft²
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
Lot assessment
$ 1,694,700
Building assessment
$ 1,247,000
Total
$ 2,941,700
Taxes
Municipal
(2025)
$ 118,472
School
(2025)
$ 2,454
Total
$ 120,926
Inclusions and exclusions
Inclusions
nil
Exclusions
all items belonging to occupants specifically in rented local. In non occupied locals all items there are excluded from the sale however vendor and their representatives cont be held liable in any way regarding this.