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Investment Highlights

  • Many possibilities exist for this fantastic commercial property.
  • This property is ideally suited for an owner user or developer.

Executive Summary

Opportunity knocks, developers and investors welcome!! 8,300 usable square feet of commercial space split between two levels of this 0.66 acre property. The upper level offers a 2,245 square feet auditorium plus 2057 square feet of office space and conference rooms. The lower level offers a billiard room, plenty of storage, a bar/restaurant, bathrooms and full commercial kitchen. This property also offers a large level lot with 29 parking spaces. This building is on the market for the first time since being built in 1950 and offers many possibilities. Please note that property taxes will revert back once it is sold due to end of special organization status.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,300 SF
Building Class
C
Year Built
1950
Price
$4,579,773 CAD
Price Per SF
$551.78 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,150 SF
Building FAR
0.29
Lot Size
0.66 AC
Zoning
NB - Neighborhood Business
Parking
29 Spaces (3.49 Spaces per 1,000 SF Leased)
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1000-000-001-00212-000-0160
Land Assessment
$59,745 CAD
Improvements Assessment
$13,878 CAD
Total Assessment
$73,623 CAD
  • Listing ID: 27161976

  • Date on Market: 2022-11-21

  • Last Updated:

  • Address: 112 North Ave, New Rochelle, NY 10801

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