15
$1,664,000 Sale
Listed 173 days ago
820 Reeves Street
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Key Facts
Key facts for 820 Reeves Street
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
202609882
Size
-
Basement
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Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
2005
Maintenance Fee
-
Description
Positioned in a high-traffic commercial corridor, this well-maintained investment property offers an exceptional opportunity for investors seeking stable, long-term income. The building is currently leased under a 10-year triple net lease to strong, reliable tenants, providing secure cash flow with ...minimal landlord responsibilities. Constructed with durable steel framing, the property features a newer rooftop heat pump system along with an additional mini-split system, ensuring efficient climate control and long-term operational value. The site offers excellent visibility and exposure, making it an attractive location for both customers and tenants alike. Designed with functionality in mind, the property includes ample on-site parking, easy access for freight and deliveries, and convenient access to major routes. Located in a thriving and growing area, this is a solid addition to any real estate portfolio. Investors should also inquire about 422 Sydney Road, which is owned by the same vendors. The sellers would consider a package sale, presenting a rare opportunity to acquire multiple income-producing assets together. (id:10452)
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Listing courtesy of: Coldwell Banker Boardwalk Realty
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