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7304 26 Hwy
3,400 SF Retail Building Stayner, ON L0M 1S0 £546,485 (£161/SF) 7% Net Initial Yield
Executive Summary
Fantastic opportunity in Stayner! This fully outfitted restaurant and upper 3-bedroom 2-bathroom apartment was recently renovated top to bottom! Approximately 3,400 sqft with an exterior garage, investors can expect a 7% cap rate and guaranteed lease from the existing commercial tenant or vacant possession opportunity for any buyer looking to take over the existing restaurant and operate as your own! Seller willing to train new buyer. Upper apartment has been tastefully renovated for live/work or lease out to maximize your ROI. Chattel list available.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,400 SF
Building Class
C
Year Built
1960
Price
£546,485
Price Per SF
£161
Net Initial Yield
7%
NOI
£38,254
Tenancy
Single
Number of Floors
2
Building FAR
0.86
Lot Size
0.09 AC
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
1 of 2
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7304 26 Hwy
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