ON > Georgian Bluffs > Georgian Bluffs
Georgian Bluffs, ON N4K 5N7,202421 Highway 21 N/A N
Georgian Bluffs, ON N4K 5N7,202421 Highway 21 N/A N,Video Tour
Georgian Bluffs, ON N4K 5N7,202421 Highway 21 N/A N
Georgian Bluffs, ON N4K 5N7,202421 Highway 21 N/A N
Georgian Bluffs, ON N4K 5N7,202421 Highway 21 N/A N
Georgian Bluffs, ON N4K 5N7,202421 Highway 21 N/A N
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 799,000
Est. payment | /mo

3,500 SqFt

Save Virtual Tour
$ 799,000
Est. payment | /mo
Save Virtual Tour

3,500 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $228

Subdivision Georgian Bluffs

MLS Listing ID X12303135

Annual Tax Amount $5,380

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Fantastic investment opportunity on the highly visible and bustling Sunset Strip (Highway 21), just outside Owen Sound. This well-maintained commercial building offers exceptional exposure, ample on-site parking, and over 3,500 square feet of space. The main floor features a large reception area, 10 individual usable rooms plus a laundry room, storage room and a 2-piece bathroom. This C4 zoned commercial space offers flexibility for a variety of commercial or professional uses. The upstairs has a 3-bedroom, 1.5-bath apartment which is included in the current lease. The property currently has an excellent long-term commercial tenant. The tenant has the option to rent for the next 16 years. It has an excellent triple net lease, so the taxes, bills, general repairs, and insurance are covered by the tenant. The 6.5 cap rate makes it an ideal property for all investors. If you are looking to expand your commercial portfolio this property checks all the boxes.

Location

Province ON

County Grey County

Community Georgian Bluffs

Area Grey County

Interior

Cooling Yes

Exterior

Community Features Major Highway

Utilities Available None

Lot Frontage 80.0

Lot Depth 190.0

Building

Building Age 51-99

Others

Security Features No

ParcelsYN No

Virtual Tour https://my.matterport.com/show/?m=Q6FyjXZDgVc&brand=0&mls=1&

Listed by Ron Hopper Real Estate Ltd.
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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202421 Highway 21 N/A N