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86 Bridge St 1,550 SF Retail Building Mississippi Mills, ON K0A 1A0 $549,900 CAD ($354.77 CAD/SF) 5.10% Cap Rate
Investment Highlights
- Prime redevelopment opportunity available
- Leased to single tenant currently
- 1,550 SF retail building
- Zoned "C2" for commercial use
Executive Summary
86 Bridge Street in the heart of Almonte offers a rare redevelopment opportunity in one of the town's most sought-after locations. This 1,550 SF single-story retail building presents exceptional potential for redevelopment or long-term investment. Currently leased to a single tenant, the property provides a solid income stream while offering future growth potential. The site features a good amount of on-site parking and is zoned "C2," allowing for a variety of commercial and retail uses. This is an ideal opportunity for developers or investors looking to secure prime real estate in Almonte.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,550 SF
Building Class
C
Year Built
1958
Price
$549,900 CAD
Price Per SF
$354.77 CAD
Cap Rate
5.10%
NOI
$28,048 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.21 AC
Zoning
C2
Frontage
55’ on Bridge Street
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 2
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86 Bridge St
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