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16-16a Lucius St 1,115 SF 100% Leased Retail Building Torquay TQ2 5QB $462,038 CAD ($414.38 CAD/SF)
Investment Highlights
- Rear garage parking (4 vans / up to 6 cars)
- Freehold mixed-use investment
- Separate residential entrance
Executive Summary
A freehold mixed-use investment comprising a ground floor retail premises with ancillary lower ground accommodation and rear garaging, together with a self-contained one-bedroom first floor flat. The property provides income potential from both commercial and residential elements and benefits from rear access and parking/garage provision. The business trading from the premises is not affected by the sale.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,115 SF
Building Class
C
Year Built
1950
Price
$462,038 CAD
Price Per SF
$414.38 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.02 AC
Parking
6 Spaces (5.38 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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16-16a Lucius St
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