4430 HARVESTER Road Active

Burlington,ON L7L4X2

$ 3500000

- Bed

- Bath

6000 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $583

Subdivision 321 - Longmoor

MLS Listing ID 40673403

Originating Board Cornerstone - Hamilton-Burlington

Property Description

GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the Unit (Enterprise) would be October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. Tenant B has an option to renew for one 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Total present net income for 2024 is $169,800.00. (id:24570)

Location

Province ON

Exterior

Garage No

Community Features High Traffic Area

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

View More
Favorite Go Tour