60 Dwyer Avenue, Timmins (sch - Main Area), Ontario

$515,000

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6,134

Square feet

About 60 Dwyer Avenue

This property presents a remarkable opportunity for investors, featuring a fully leased and well-maintained space occupied by a AAA tenant. With a double net rent of $31,000 per year and a long-term lease that extends until April 30th, 2027, along with options for multiple renewals, it stands as an appealing choice. The property's approx 6% CAP rate promises an excellent return and is strategically situated in a high-density area. Additionally, the lease agreement includes a base rent escalation. The Seller is highly motivated to sell and is excited to showcase this valuable opportunity, so be sure not to miss out! (id:36535)

Features of 60 Dwyer Avenue

Listing # T11997375
Price $515,000
Bathrooms 0.00
Square Footage 6,134
Acres 0.00
Type Business

Community Information

Address 60 Dwyer Avenue
Subdivision SCH - Main Area
City Timmins (sch - Main Area)
Province Ontario
Postal Code P0N1G0

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 63.2 x 97.05 FT

Listing Details

OfficeCourtesy Of SARNAIL SINGH Of ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing Map