219 Vermillion Avenue, Princeton, V0X1W0 — For sale @ $2,360,000
View all 21 photos21
For sale
$2,360,000
219 Vermillion Avenue, Princeton, V0X1W0
0 Beds
Baths
0
0 Parking
17,132 sqft
Home Overview
Description
Opportunity to obtain an extensively renovated multi-tenanted mixed-use investment property, featuring Commercial on the Main Floor and 10 Residential units above. Constructed circa 1960s and extensively upgraded in the last 5 years. The main floor retail unit totals approximately 9,577 sq. ft. and is fully leased to Fields Store under a new 5-year term effective November 2024. The second-floor residential units were upgraded in 2021. Situated on an approx. 13,024 sq. ft. C2-Central Business zoned lot. Offered at an attractive CAP rate of 7.02% on the asking price, with a solid tenant mix, makes this a smart investment for the future. (id:39198)
