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  • DESCRIPTION

    FOR SALE, MAIN PLAZA IN DOWNTOWN INNISFIL/ALCONA BEACH. +/-30,000 SQUARE FEET IN TOTAL 16,480 SQUARE FEET OF MAIN FLOOR RETAIL, PLUS 12,000 SQUARE FEET RESIDENTIAL APARTMENTS (12 UNITS X 1000 SF, EACH IS 2 BEDROOMS) ON UPPER LEVEL. TENANTS INCLUDE BEER STORE, PIZZA PIZZA, BEACH BAR AND GRILL, VARIETY STORE, LAUNDROMAT, ATM, TAX RETURNS ETC. SECOND FLOOR INCLUDES 12 LARGE TWO BEDROOM APARTMENTS. PLENTY OF PARKING. PRICE INCLUDES 1/2 ACRE PARCEL AT THE REAR, GREAT FOR ADDITIONAL MULTI RESIDENTIAL DEVELOPMENT, HOTEL OR COMMERCIAL EXPANSION. IN TOTAL, PROPERTY IS +/-2 ACRES ON THE MAIN INTERSECTION IN THE FAST DEVELOPING DOWNTOWN COMMERCIAL CORE. GREAT INVESTMENT WITH A HEALTHY CAP RATE. MIXED RESIDENTIAL AND COMMERCIAL DEVELOPMENT ON THE MAIN STREET! PLAZA BUILT IN 1991. METAL ROOF, MUNICIPAL SERVICES. PLENTY OF LAND SPACE FOR EXPANSION, RESIDENTIAL RENTS ARE BELOW MARKET, HUGE OPPORTUNITY FOR IMPROVEMENTS AND HIGHER CAP RATES.

    KEY DETAILS
    • Price:
    • $7,300,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 30,000
    • Acreage:
    • 2.00
    • Listing #:
    • 30660888
    • Street Address:
    • 945 Innisfil Beach Rd
    • City:
    • Innisfil
    • State:
    • ON
    • Postal Code:
    • L9S 1Y3
    • County:
    • Simcoe County
    • Area:
    • In - Innisfil
    • Subdivision:
    • In23 - Alcona
    • Listing Status:
    • For Sale - Active

    Building

    • Approximate Square Footage Range:
    • 10, 000+
    • Dwelling Type:
    • Investment
    • Total Building Square Footage:
    • 30000

    Land

    • Approximate Total Acres:
    • 0.50 1.99
    • Lot Size Side:
    • 206.00

    Listing

    • Excluded:
    • Contact L.A.
    • Included In Sale:
    • Contact L.A.

    Structures

    • Garage Description:
    • Plaza

    Systems

    • Existing Water:
    • Municipal
    • Heating:
    • Baseboard, Gas Forced Air Closed

    Source

    • Listing provided by Century 21 B.J. Roth Realty Ltd. Brokerage
    REQUEST SHOWING
    NOTES

    No notes have been added for this home.

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