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$ 649,000
Est. payment | /mo
4,320 SqFt
$ 649,000
Est. payment | /mo
4,320 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4320
Square Footage 4,320 sqft
Price per Sqft $150
Subdivision 520 - Petawawa
MLS® Listing ID X12806498
Lot Size 4320.000 Acres
Acres 4320.0
Property Description
Prime Mixed-Use Investment Opportunity on Petawawa Boulevard. Position your business and portfolio for success with this modern two-story commercial/residential building offering over 4,300 sq. ft. of versatile space in one of Petawawa's highest-traffic, highest visibility locations. With up to 20,000 vehicles passing daily and just minutes from Garrison Petawawa, this property provides outstanding exposure and long-term demand-an excellent opportunity for business owners looking to transition from tenant to owner while building equity. The 2,500 sq. ft. main floor commercial space is configured to accommodate two separate retail or office tenancies, allowing for flexible leasing strategies and diversified income. Based on market rents of estimated $15/sq. ft., the commercial component presents a projected income potential of about $37,500 annually, making this an attractive option for investors seeking strong returns. Occupy one unit and lease the other, or lease both for maximum cash flow. Upstairs, the spacious 5-bedroom, 2-bath residential unit is currently rented at $2,800/month ($33,600 annually), providing immediate, stable income. Total income potential of $70,000 to $75,000 per year. The combination of residential and commercial revenue streams offers built-in cash flow support and enhanced investment stability, with the option for owner occupancy above your business if desired. Surrounded by schools, parks, shopping, churches, and extensive walking/cycling trails, and with Highway 417 less than five minutes away, the property benefits from excellent accessibility and strong tenant appeal within a stable, growing community. This high-visibility retail/residential asset offers multiple income streams, projected strong returns, and modern construction in a proven commercial corridor, an exceptional opportunity for investors and owner-operators alike. Property for sale only. The business is not closing and will continue operating at another location. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RE/MAX PEMBROKE REALTY LTD.
NEARBY SCHOOL & BUSINESS