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    For Sale - 205 FIRST Street, Cornwall, Ontario

    Est payment $3,837/mo
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    Time on Jump  1 days

    AI Summary *

    • Versatile five-unit property situated on a prime corner lot.
    • Potential for a sixth unit and income generation opportunities.
    • No current tenants allow for flexible tenancy strategy.
    • Ample parking with seven spaces and two large driveways.
    • Great location near shopping and transportation routes.




    Fiveplex exceptional commercial investment opportunity in cornwall! An outstanding opportunity for investors seeking income potential, flexibility, and long-term value in a strategic cornwall location. Situated on a prime corner lot, this versatile 5-unit property offers a compelling opportunity for income generation, portfolio expansion, or future value-add investment, with the potential to accommodate a 6th unit. Site plan drawings are available to support further exploration of the property's development potential. Offered with no tenants to inherit, investors have the flexibility to establish their own tenancy strategy, optimize the property's use, and maximize its income potential. The property features 7 parking spaces, including 5 outdoor and 2 indoor spaces, along with two large driveways for added convenience. Key bylaw, fire, and electrical requirements have been addressed, providing a foundation for the next owner to pursue their investment objectives. Strategically located near cornwall square, a major local shopping destination, with convenient access to the u. S. Border, the property benefits from proximity to established amenities and regional transportation routes. Directly across from a chartwell retirement residence, the location offers additional context for investors evaluating the surrounding neighbourhood and its potential demand. Whether you are expanding your investment portfolio, exploring additional rental income opportunities, or evaluating future redevelopment potential, this property presents a versatile opportunity to acquire a multi-unit asset with room to execute your vision in cornwall.
    Listing IDX13879088
    Address205 FIRST Street
    CityCornwall, Ontario
    Price$799,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Electric Hot Water

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    Listing Brokerage: REMAX BOARDWALK REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    205 First Street
    Cornwall , Ontario
    $799,000
    Get more info