Investment Commercial Building for Sale

MLS# H4166684 Price: $2,295,000




Property Description

Mixed Use Building with Positive Cash, over 17,973 sq/ft of great space, located on Highway # 20 between Hamilton and Smithville, this mixed use plaza benefits from its prime location with over 210 feet of frontage on Highway 20, situated between Smithville and Hamilton. This offers high visibility and easy access for potential customers, the plaza has been updated (heating, electrical, roofing and so much more) this plaza offers multiple sources of revenue, Residential, Commercial, and up to 45 storage units that will generate additional cash flow and income. Strong predictable monthly cash flow, please review our financial package and documents, 6.19% cap rate, clean phase 1 that has been recently completed.

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What's your Walk Score? 7 Car-Dependent

Property Details: 8268 #20 Highway (near L0R 2A0 )
Listing# 65630


Location

Address 8268 #20 Highway
City Smithville
Cross Streets L0R 2A0
District West Lincoln (10)
Neighbourhood West Lincoln (056)
Listing Agent Mark Silenzi

Description

Sub Type Investment Price $ 2,295,000
Lease Rate Per For Sale Approx. Age 31-50 Years
Location Smithville Heating Gas Forced Air Open
Square Footage 17973

What's Around 8268 #20 Highway?

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.



Google Rating

5      83 reviews


Photo of Carolyn Hill

Carolyn Hill
  August 13, 2023

We had the pleasure of working with Lori and Kim in selling our current home and finding our new home. It was all done very quickly and easily with the help of this great team! Response time from them was always immediate. Negations through the entire process were handled extremely well and a lot of hard work was put in by both Lori and Kim. We would highly recommend them to all our friends and family. Thanks to both of you for a job well done! We are so happy!

Photo of Genevieve Turner

Genevieve Turner
  August 06, 2023

We had the pleasure of working with all three Morgan, Lori, and Kim as first time buyers. The team was always available to answer our questions and gave great advice. Thanks to them, we got our dream starter home after looking for only a few weeks. Would highly recommend the team to anyone looking to buy/sell in the area. Thank you Van Dinther team!!

Photo of Lina Uribe

Lina Uribe
  August 01, 2023

Lori is an exceptional realtor who really goes above and beyond. Apart from being charming and a pleasure to deal with, she is very professional and knowledgeable. From day one we felt very well advised. Lori understood exactly what our needs were, the type of change we wanted to make, and guided us through the whole process so that everything ran smoothly. Both in the sale of our house and the purchase of the next one, everything went quickly and perfectly. Morgan was also super kind and diligent. I would definitely recommend Lori and her team. They know Burlington like the back of their hand and they know their craft inside out. Anyone who works with them will be in the best of hands.

Photo of Eduardo Serenato

Eduardo Serenato
  July 08, 2023

We had the pleasure of working with Kimberly during our home-buying journey in Burlington. She's amazing! She knows Burlington like the back of her hand and was able to provide us with invaluable insights throughout the entire process. Her expertise gave us the confidence we needed to make informed decisions. Even though we were in BC during the house-hunting phase, Kimberly went above and beyond to help us. She personally visited properties, filmed videos with commentary and feedback, and sent them to us. It was so helpful and made us feel like we were there in person. Her responsiveness and professionalism were outstanding. Thanks to Kimberly, we were able to buy our home remotely with confidence. We couldn't be happier with our new home, and we owe a huge thanks to Kimberly for making it happen!

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