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Investment Highlights
- Signalized corner location
- Masonry facelift with new roof done 9 yrs ago
- Main floor Can be separated into 3 separate units if desired
- Parking lot has entry exits on Lake Ave & Lexington Ave
- Possible 3 bedroom apartment on 2nd floor
Executive Summary
Show only by appointment. Dave @585-217-1914. This Sale includes properties 14 & 18 Thorn St which is the back parking lot. Tax # 105-270-0002-008-000 i-270-0002-009-000. Do not disturb the tenant. Many updates within the past 9 years including exterior facelift, roof and furnace. Shared parking with Unclaimed Freight and shared maintenance expenses. Second floor has five rooms and full bath and was a 3 bedroom apartment in the past and could be restored with some updates. Ground level is being solely used as a Beauty Supply business on a month to month lease but can be easily split into 3 separate units if desired. This is a great signalized corner location for any business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
1930
Price
$755,002 CAD
Price Per SF
$107.86 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.36 AC
Zoning
C-2 - Community Center - Provides diverse commercial development along gateway transportation corridors and neighborhood or village centers.
Parking
35 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 261400-105-270-0002-013-000-0000 | Improvements Assessment | $360,819 CAD |
| Land Assessment | $85,399 CAD | Total Assessment | $446,218 CAD |
Property Taxes
Parcel Number
261400-105-270-0002-013-000-0000
Land Assessment
$85,399 CAD
Improvements Assessment
$360,819 CAD
Total Assessment
$446,218 CAD
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787 Lake Ave
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