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Corner Gas and Variety 15995 ON-12 Hwy

4,600 SF 100% Leased Retail Building Scugog, ON L9L 1B2 £883,207 (£192/SF) 5.15% Net Initial Yield

Shops & Retail Properties Ontario Scugog 15995 ON-12 Hwy, Scugog, ON L9L 1B2

Investment Highlights

  • Heavy Daytime Commercial Traffic in and out of the Business Park with Steady General Traffic on Highway 12
  • 4 Over Sized Service Bays current leased on a month to month basis, significantly under market value.
  • Nicely updated 2 Bedroom Apartment that is currently vacant, but easily rented.

Executive Summary

Excellent Retail Fuel and Convenience Location on regional Hwy 12 in the Community of Port Perry, Ontario. Located on the Main Hwy at the signalized intersection of Reach Street, which is at the western edge of the Port Perry Business Park. Benefit from Several income streams of the existing business, Residential Rental, Commercial Rental, Fuel Sales, Convenience Store Sales. There is considerable upside for improvement to the current business model for a forward thinking investor. This "Business for sale with Property" is listed for sale on the Toronto Regional Real Estate Board (TRREB) under ID #E9364865. Metal Roof is less than 5 years old, with many other recent upgrades.

Attachments

15995 Hwy 12 Port Perry - Marketing Brochure-2

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,600 SF
Year Built/Renovated
1960/2022
Price
£883,207
Price Per SF
£192
Net Initial Yield
5.15%
NOI
£45,502
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.26
Lot Size
0.41 AC
Zoning
M1-4 - M1-4 allows for current uses under the - 4 Exception. Otherwise all M1 uses apply.
Frontage
138 ft on Highway 12

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signalised Intersection
  • Air Conditioning

About 15995 ON-12 Hwy , Scugog, ON L9L 1B2

Well Maintained with numerous recent upgrades. This building is well situated at the intersection of a Main regional Hwy and an Arterial roadway that runs through the Business Park.

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(289) 278-1298

Contact

  • Listing ID: 33313937

  • Date on Market: 26/09/2024

  • Last Updated:

  • Address: 15995 ON-12 Hwy, Scugog, ON L9L 1B2

The Retail Property at 15995 ON-12 Hwy, Scugog, ON L9L 1B2 is currently available for sale. Contact Coldwell Banker R.M.R. Real Estate for more information.

Nearby Listings

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15995 ON-12 Hwy, Scugog, ON for sale Primary Photo- Image 1 of 9
15595HWY12PortPerry,ON-22
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 2 of 9
Pic 1 Front 15595HWY12PortPerry,ON-32
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 3 of 9
Pic 2 Front 15595HWY12PortPerry,ON-37
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 4 of 9
Pic 6 Shop 15595HWY12PortPerry,ON-48
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 5 of 9
Pic 7 Variety Store 15595HWY12PortPerry,ON-52
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 6 of 9
Pic 12 Apartment 15595HWY12PortPerry,ON-64
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 7 of 9
Pic 9 Apartment 15595HWY12PortPerry,ON-59
15995 ON-12 Hwy, Scugog, ON for sale Building Photo- Image 8 of 9
Pic 11 Apartment 15595HWY12PortPerry,ON-72

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© 2024 CoStar Group

Corner Gas and Variety | 15995 ON-12 Hwy
(289) 278-1298 x

Corner Gas and Variety | 15995 ON-12 Hwy

Graham Healer

(289) 278-1298

(289) 278-1298

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