132 2ND STREET E, Cornwall, Ontario, CA

Address: 132 2ND STREET E, Cornwall, Ontario

0 Beds0 Baths38872 sqftStatus: Buy
Price $2,599,000

Property Overview


132 Second Street East, Cornwall is a four-storey office building with approximately 38,872 sq.ft. of gross rentable floor area, including31,464 sq.ft. of usable space. The property sits on a 0.90-acre lot with approximately 54 exterior parking spaces. It is located in the city core, just two blocks from the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre, and within four blocks of City Hall. The building is partially leased to professional office tenants including a law office and the Ontario Realty Corporation. It features a hydraulic elevator, and the Central Business District zoning permits a broad range of uses, such as professional offices, restaurants, banks, and multi-family. This property is ideal for conversion into mixed-use with a residential/commercial main floor mix or enhancement through a progressive lease-up program. Approximately 28,486 sq.ft. is available for lease-up, with the building already divided and existing leaseholds in place, including per-floor washrooms and kitchenette areas with sinks. It's an impressive building in appearance, with a rooftop workshop/storage area that offers potential future revenue value. The irregular lot with on-site parking and prime downtown location, makes for a great opportunity. This sale is being conducted under a Power of Sale Action. (id:51532)

 

Tags


Office Offices
132 2ND STREET E

Ontario
for sale $2,599,000

houses for sale in Cornwall
houses for sale in Ontario

houses for sale in canada


Property Summary
Property Type
Office
Building Type
Offices
Square Footage
38872 sqft
Community Name
717 - Cornwall
Land Size
Bldg=122 FT ; See GeoWarehouse Report - irregular lot
Building
Building Features
Features
Irregular lot size, Elevator
Square Footage
38872 sqft
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
CBD
Features
           Irregular lot size            Elevator            Fully air conditioned
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Your Home Finance Calculation

Property Price CA $2,599,000
Bank Loan Amount CA $2079200
Monthly Installment CA $0

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