C$1,750,000

Turn key long term tanents, over 8% Cap Exceptional opportunity to acquire a substantial commercial property positioned along Wyandotte Street East near George Avenue, offering excellent visibility, strong traffic exposure, and significant owner-user and investment potential. Situated on approximately 1 acre, the property features an approximately 8,690 SF block building, extensive onsite parking for approximately 50–80 vehicles, a fully fenced rear yard, and a fenced side compound. The versatile property has a history of automotive use and is currently utilized for an auto parts distribution operation, providing a range of potential applications for automotive, warehouse, commercial, and service-oriented businesses, subject to applicable zoning and approvals. The property includes multiple commercial spaces, two offices, and three bathrooms, creating opportunities for an owner-user to operate a business while benefiting from additional rental income. Existing income-producing spaces include a pizza shop, warehouse, garage, and billboard signage, providing multiple revenue streams. The generous site configuration, secure fenced compounds, substantial parking, high-traffic location, and flexible building layout make this an attractive opportunity for investors, owner-users, automotive operators, and entrepreneurs seeking a prominent commercial property with existing income and future upside potential. Contact today for more details. (id:41202)