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226 Middle Townline Rd

4,505 SF 100% Leased Retail Building Harley, ON N0E 1E0 £660,379 (£147/SF)

Investment Highlights

  • Two residential units for rent
  • Ample storage, walk-in cooler/freezer
  • Retail/bakery space with residential income
  • Metal roof, low maintenance building

Executive Summary

An exceptional commercial property in Harley, perfect for a retail or bakery business, offering both commercial and residential spaces. The 1,120 sq.ft main store is complemented by a 650 sq.ft bakery with nearly 10-foot ceilings and durable Trusscore walls. The building features an all-metal roof for low maintenance and longevity, with extensive renovations throughout. The property includes an 8x8 overhead door for easy deliveries, epoxy floors for durability, and essential amenities such as a public/employees bathroom, a 400A/208V electrical service, and an 80 kW diesel generator for backup power. Storage space is ample, with a 350 sq.ft storage area, a walk-in freezer (11x14), a walk-in cooler (11x10), and additional office and mechanical/storage space upstairs. The property also features two residential units, each with separate hydro panels and monthly rental income of $1,800 each. This versatile property offers everything for a thriving business with the added bonus of rental income from the residential units. The current business can lease back the space or discuss other opportunities with the listing broker.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,505 SF
Building Class
C
Year Built
1870
Price
£660,379
Price Per SF
£147
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.15
Lot Size
0.70 AC
  • Listing ID: 34018513

  • Date on Market: 27/11/2024

  • Last Updated:

  • Address: 226 Middle Townline Rd, Harley, ON N0E 1E0

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