280-282 Front St Belleville, Ontario K8N 2Z8

$2,750,000

280-282 Front Street, ""The West Harrison Block"", is a historic mixed use building available for purchase in downtown Belleville. The building is fully Tenanted with 3 ground floor commercial units and 10 residential units across the 2nd and 3rd floors. Successful retail Tenants, a bridal store and a hair salon, occupy the commercial units facing onto Front St. The income/expense numbers for the building support an excellent return for the asking price. The rear ground floor space is suitable for conversion to residential, to add multiple additional apartments, which would further improve the net income for the building. The building has been well cared for by its current owners with recent renos to the street facing facade, multiple apartments, building fire system, water supply from the street, sanitary from the street and throughout the building. All units separately metered for hydro, all Tenants pay their own heat. Building has 5 parking spaces at the rear. The basement is ~7,000 sf and partially finished. (id:28587)

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https://www.realtor.ca/real-estate/26759800/280-282-front-st-belleville