451 JR Smallwood Boulevard
Gambo Gambo A0G 1T0

$450,000
Retail

Main Photo: 451 JR Smallwood Boulevard in Gambo: Retail for sale : MLS®# 1265767
Photo 1: 451 JR Smallwood Boulevard in Gambo: Retail for sale : MLS®# 1265767
Photo 2: 451 JR Smallwood Boulevard in Gambo: Retail for sale : MLS®# 1265767
Photo 3: 451 JR Smallwood Boulevard in Gambo: Retail for sale : MLS®# 1265767
Photo 4: 451 JR Smallwood Boulevard in Gambo: Retail for sale : MLS®# 1265767
Photo 5: 451 JR Smallwood Boulevard in Gambo: Retail for sale : MLS®# 1265767
Status:
Active
Prop. Type:
Retail
MLS® Num:
1265767
Bus Major:
Food Services and Beverage
Bus Minor:
Grocery
Build. Type:
Retail
INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! Welcome to 451 JR Smallwood Boulevard in Gambo! This 12,000 sq. ft. commercial building in Gambo offers THREE separate rental revenue streams! With extensive interior renovations completed just last year, it's home to Independent Grocer, Gambo's only grocery store and the only full-service grocery store within 20 km. Known for friendly service and well-stocked shelves, this space is currently leased by Loblaws. That's revenue stream number one. Revenue stream number two? Two two-bedroom apartments with separate laundry facilities located at the back of the building. Both apartments are currently rented. Thirdly, there's an ATM located at the front of the building, earning monthly rental income from Scotiabank. Collectively, these three streams generate a combined rental income of $7000 / monthly. This commercial building is the ideal opportunity for any investor who'd like to add a solid anchor to their portfolio. (id:2493)
Property Type:
Retail
Size Interior:
12,000 sq. ft.
Transaction Type:
For sale
Zoning:
Mixed
Ownership Type:
Freehold
Amenities:
Recreation, Shopping
Major Business Type:
Food Services and Beverage, Retail and Wholesale, Residential
Minor Business Type:
Grocery, Specialty retail, Residential
Building Type:
Retail
Building Amenities:
Laundry Facility, Living Accommodation
Fireplace:
No
Floor finish:
Laminate, Other
Heating Fuel:
Electric, Oil
# Storeys:
2.0
Land Amenities:
Recreation, Shopping
Road Access:
Year-round access
Acreage:
No
Lot Size:
.5 - 9.99 acres
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Listed by Keller Williams Platinum Realty
Data was last updated March 3, 2024 at 05:15 AM (UTC)
Craig Loder
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