For Sale - 439 Second Street, Cornwall, Ontario

Est payment $9,864/mo
Views   1
Time on Jump  139 day
  • Vacant property with potential for redevelopment in a prime location.
  • Building has over 30,500 sq ft of flexible space.
  • Former long-term care facility with a history and established infrastructure.
  • Partially accessible layout with elevators and common areas.
  • Current short-term lease to the City of Cornwall adds immediate cash flow.



Former long term care facility now vacant, excellent opportunity for investor to rebuild. Ideal location second & marlborough st. Plans and drawings that are in hand are available under nda. A stantec building condition report indicates the original residential buildings were converted to the present use in the 1960's with further additions in the 1970's and again in 1993. Overall the building boasts some 30,500 sq ft. Roof systems are either asphalt shingle or built up asphalt or membrane roofing. The exterior is brick, with most windows being metal framed with insulating glass. The original buildings were wood frame construction while the additions are thought to be concrete masonry with steel framing. Much of the building is barrier free accessible and serviced with elevators. When last in use the facility boasted 65 rooms, including a mix of private semiprivate and basic accommodation. The facility is complete with common areas, dining facilities, commercial kitchen & more. The property is currently leased to the city of cornwall for short term accommodation. Details available under nda.
Listing IDX12222181
Address439 Second Street
CityCornwall, Ontario
Price$1,990,000
StyleInvestment
Land Size0.88
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary
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Listing Agency:  RE/MAX AFFILIATES MARQUIS LTD.
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439 Second Street
Cornwall , Ontario
$1,990,000
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