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Investment Highlights
- Location on well-travelled RT-25 in Monroe
- Exposure to 21,600+/- AADT
Executive Summary
Prime owner-user opportunity on Monroe's premier commercial corridor on RT-25 in Monroe. Location offers users good visibility and strong traffic counts of approximately 21,600+/- AADT. The building features a functional and versatile layout, ideal for an owner-user looking to occupy the full premises or utilize a portion while leasing the remaining space for additional income. Well-maintained and in good condition, the property also benefits from a recently installed new roof. Convenient access to surrounding towns with its location directly on the RT-25 corridor, a short drive from the Merritt Parkway and I-95, offering easy regional access for staff and clients.
A rare chance to own, rather than lease, functional space in a high-visibility location built to help a growing business establish a stronger, more permanent presence in the market.
A rare chance to own, rather than lease, functional space in a high-visibility location built to help a growing business establish a stronger, more permanent presence in the market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,863 SF
Building Class
C
Year Built
1965
Price
$1,335,243 CAD
Price Per SF
$169.81 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,621 SF
Building FAR
0.07
Lot Size
2.71 AC
Zoning
B1 - Business District 1, flexible zone permitting a wide range of retail and office uses
Amenities
- Security System
- Signage
- Outdoor Seating
- Air Conditioning
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Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | MONR-000058-000003 | Improvements Assessment | $470,867 CAD |
| Land Assessment | $415,039 CAD | Total Assessment | $885,906 CAD |
Property Taxes
Parcel Number
MONR-000058-000003
Land Assessment
$415,039 CAD
Improvements Assessment
$470,867 CAD
Total Assessment
$885,906 CAD
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