5016 Victoria Avenue
Coronation T0C 1C0
MLS® Number: A2232461
$ 190,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1000
YEAR BUILT
Excellent Investment Opportunity in Coronation! Versatile commercial office/retail building offers high visibility with a prominent storefront and convenient front parking. Constructed with durable cement block, the property measures 25’ x 70’ for a total of 1,750 sq ft. Currently tenanted under a Triple Net Lease until 2028, this space has provided consistent rental income over the years. The interior has been updated and includes professional office spaces, a staff room, washroom, and a welcoming front entry. The building is heated with a boiler and radiant heat system. New asphalt shingles installed in June 2024. A solid addition to any commercial portfolio or a smart owner-user opportunity in the future. $17388 in annual net income creates a beautiful 9.15% return.
| COMMUNITY | |
| PROPERTY TYPE | Office |
| BUILDING TYPE | Retail |
| STYLE | N/A |
| YEAR BUILT | 1000 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | None Known |
| ROOF | |
| TITLE | |
| BROKER | Century 21 Masters |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|