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    For Sale - 265 King Street, New Tecumseth, Ontario

    Est payment $10,564/mo
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    Views   1
    Time on Jump  30 day

    AI Summary *

    • Well-established commercial plaza in a high-traffic location.
    • Currently 3 tenants generating around $100,000 annual income.
    • High visibility with easy access makes it convenient for customers.
    • Potential for 4,000 sq. ft. of additional development space.
    • Original owner offers a rare investment opportunity with growth potential.




    Location! Location! Location! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus tmi, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. Ft. Of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants.
    Listing IDN13774818
    Address265 King Street
    CityNew Tecumseth, Ontario
    Price$2,200,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm Available

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    * 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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    265 King Street
    New Tecumseth , Ontario
    $2,200,000
    Get more info