
Renfrew, ON K7V 1R5
Prime Commercial investment opportunity in the heart of downtown Renfrew! Retail or office with residential unit(s) above or behind. This impressive property boasts one-story commercial building with retail or office and three residential unit(s). One unit on the main floor and two units above. The restaurant was a fully-operational commercial kitchen and bar with outdoor patio area approx. 1,200 sqft. Parking available: 4 spaces owned and many more shared parking as well as street parking available. Located in older downtown core. Two apartments already rented at approx. $3200/M. Owner lives in the 3rd apartment which can be rented easily at approx $ 2400/M. The building is a great opportunity as an investment with the potential for multiple tenants or for an owner who would occupy. If you are someone looking to set up their business like Retail, Pharmacy, Medical Clinic, restaurant, coffee shop for long term success with the opportunity to expand, this could be for you... Pictures show old restaurant/bar but it is empty now (Displayed to show potential similar business on site).
TRREB MLS® Attribution
MLS® X13013968
Listed by ROYAL LEPAGE PERFORMANCE REALTY
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,657
/month · $599,200 mortgage
Amortization
Total Interest
$498,040
Total Cost
$1,097,240
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE PERFORMANCE REALTY