5301 Nauvoo RD, Warwick, ON N0M 2S0
5301 Nauvoo RD, Warwick, ON N0M 2S0
5301 Nauvoo RD, Warwick, ON N0M 2S0
5301 Nauvoo RD, Warwick, ON N0M 2S0
5301 Nauvoo RD, Warwick, ON N0M 2S0
5301 Nauvoo RD, Warwick, ON N0M 2S0
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Peter Velentis

Peter Velentis

+1(647) 287-1509
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Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Subdivision Watford

MLS Listing ID X11912047

Annual Tax Amount $928

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

New low asking price of $499,00.00 for a quick sale by a motivated seller. A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 8%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged. **EXTRAS** Plenty of parking at the rear or on the street and across the street in the public lot. In an effort not to disturb the tenants, please view the interior pictures provided, taken after renovations , with this listing.

Location

Province ON

County Lambton

Area Lambton

Zoning C1 1

Interior

Cooling Yes

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 22.0

Lot Depth 132.0

Building

Building Age 100+

Others

Security Features No

ParcelsYN No

Listed by SHANAHAN REALTY INC.

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5301 Nauvoo RD

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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