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$ 1,179,000
Est. payment | /mo
3,022 SqFt
$ 1,179,000
Est. payment | /mo
3,022 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,022 sqft
Price per Sqft $390
Subdivision East F
MLS Listing ID X12350659
Annual Tax Amount $13,772
Tax Year 2025
Property Sub-Type Investment
Property Description
Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 storey building, with many updates and improvements. The main and upper floors comprising of 2275 Sq Ft of office space, and 2 residential units in the basement. The upper office tenant is currently leased until May 31, 2026 and main floor office tenants are vacating December 31, 2025. An ideal situation for an investor to occupy main floor level or pick you own tenant and lease. Current financial information is based on present income and potential market rents. Office tenants pays electricity, gas and water. Residential tenants rent includes $95 toward heat, electricity and water. Some of the updates include furnaces, central airs and water heaters. Replaced rear porch. Renovated front porch. Replaced commercial outside doors (front & rear). Outside lighting, brick repointing and replacement as needed. Replaced rear eaves and downspouts. Update one basement res unit when after tenant vacated.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Zoning R3-2 0C2
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 53.0
Lot Depth 131.0
Others
Security Features No
Listed by PRIME REAL ESTATE BROKERAGE
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