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9717 Army Camp Rd

3,754 SF 100% Leased Retail Building Lambton Shores, ON N0N 1J3 £965,571 (£257/SF) 7% Net Initial Yield

Investment Highlights

  • Tiki bar,Heated Outdoor Salt-water Pool, BBQs, Several Fire Pits, Picnic Areas, Corner Lot. Security Cameras, Ample Parking

Executive Summary

Excellent Income Investment Opportunity with a Turn-Key Operation! Property is 1.03Acre. This Unique Opportunity is a Combination of Both Commercial and Residential Zonings. Commercial Lot (C14) Frontage is 151ft & 200ft Depth. The Residential Lot (R6) has 75ft Frontage & 200ft Depth; Combined 226x200ft.(Approx. 1.038 Acre) Operated Throughout the Year w/ Various Accommodation Options including Long-Term Stays and Vacation Cottage Rentals.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,754 SF
Year Built
1960
Price
£965,571
Price Per SF
£257
Net Initial Yield
7%
NOI
£67,590
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Frontage
226 ft on Army Camp Rd

Amenities

  • Corner Lot
  • Courtyard
  • Pool
  • Pylon Sign
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Smoke Detector
  • Listing ID: 34171583

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 9717 Army Camp Rd, Lambton Shores, ON N0N 1J3

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