bed
0bathProperty type
Investment
Lot size
N/A
Style
Approx. Area
N/A
This single tenant insurance investment opportunity is a premium quality medical facility in the core area with high-end medical-office-building standard finishes throughout. The 3,800 SF single-storey building was stripped to the exterior shell and totally re-built in 2022-2023 with a renovation cost of approximately $1,760,000. Renovations included new HVAC system with individual temperature settings per room, multiple staff & patron washrooms, key fob alarm system on all doors throughout the facility, commercial grade vinyl flooring, 400 Amp electrical, fenced asphalt paved parking at the front of the building for 8 vehicles and LED light poles. RSC zoning allows a wide variety of service commercial uses in addition to the current medical use. The investment is secured by a 10 year fully Net Lease expiring in 2031 with 2 x5 year renewal options.
Last updated
Mar 20
Virtual tour
None
Basement information
Building size
0.22
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
2023
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