$3,400,000

About this property

Significant Opportunity available in the Town of Harrow, Essex Ontario. 3.546 Acres centrally located in Harow town, Commercial district 3.1 zoning (Highway Commercial). Fully serviced property on both Southerly and Easterly borders adjacent to Queen Street and Sinasac Street West. 9,000 sf building (The Old Mill), and a 5,800 sf (Commercial building) commercial building as well as a canopy covered gas bar. All are operating with significant revenues. 2 -Steel Silos that can be back to being operational. 32 Storage bins on site, fully leased with excellent income. Large open gravel parking lot for trucks and buses surrounds the commercial buildings. Cash flows currently producing steady 7.4% Cap Rate with significantly more return (%) upside potential ""within existing operating business(s)"" on property as ""organic growth"" by utilizing current property as is or seeking change of use such as multi-residential / mixed use multi- residential future development as shown by the attached rendering in brochure. (Subject to zoning changes, permits, studies, environmental ) ""Information Brochure and video is available in the attachments "" VTB available and negotiable. Incredible opportunity for many uses. Please call L/S to arrange a tour. (id:66946)

Features