Property Details

646 CATHCART Boulevard, Sarnia, Ontario

646 CATHCART Boulevard, Sarnia, Ontario (ID 20015746)
Listing Representatives
Patrick Coutu portrait
Patrick Coutu
Sales Representative
Coldwell Banker Southwest Realty Brokerage
Cell: 519-384-3454
Tel: 519-331-8335
Website
Jim Pumple portrait
Jim Pumple
Broker
Coldwell Banker Southwest Realty Brokerage
Cell: 519-383-5388
Tel: 519-331-8335
Website

$1,713,000 - For Sale

ID#:20015746

PRIME INVESTMENT PROPERTY NETTING 8% RETURN. GREAT LOCATION ON THE CORNER OF A BUSY INTERSECTION. SHOPPING IN ADJACENT PROPERTIES FEATURE NATIONAL TENANTS. PROPERTY HAS BEEN PERPETUALLY KEPT IN PRISTINE CONDITION. LOW MAINTENANCE CONSTRUCTION SUCH AS METAL ROOF & METAL CLADDING. INCOME IS DERIVED FROM OIL CHANGE/SERVICE TENANT WITH 8 YRS REMAINING ON A NET LEASE (TENANT HAS 2 ADDITIONAL 5 YR OPTIONS). REMAINING INCOME STREAM IS DERIVED FROM A TURN-KEY CARWASH FEATURING 1 AUTOMATED WASH BAY & 4 SELF-WASH BAYS. ALL WASH BAYS FEATURE CONVENIENT DEBIT/CREDIT CARD PAYMENT OPTION ALONG WITH COIN. THIS INCOME-PRODUCING PROPERTY IS VERY WELL THOUGHT-OUT TO BE AS EFFICIENT AS POSSIBLE. CAMERAS MAKE IT EASY TO KEEP AN EYE ON THE PROPERTY REMOTELY. SELLER REQUESTS THAT BUYERS BE QUALIFIED BEFORE THE LISTING AGENT CAN RELEASE FINANCIAL INFO. PRICE PLUS HST.

Property Details
  • Property Address:646 CATHCART Boulevard, Sarnia, Ontario
  • Property Type:Commercial
  • Lot Size:160.01 ft Frontage
  • Acreage:Under 0.5 Acres
  • Sewage Type:Sanitary
  • Water Type:Municipal
  • Taxes:$14,473 (2020)
Structure Details for 646 CATHCART Boulevard, Sarnia, Ontario
  • Structure Type:Investment
  • Building Age:Approximate (1991)
  • Sqft Above Grade:3500 SqFt
  • Floor Space:3500 SqFt
  • Heating Type:Hot Water, Natural Gas, Radiant
  • Flooring:Ceramic/Porcelain, Concrete
Listing Representatives for 646 CATHCART Boulevard, Sarnia, Ontario
Patrick Coutu portrait
Patrick Coutu
Sales Representative
Coldwell Banker Southwest Realty Brokerage
Cell: 519-384-3454
Tel: 519-331-8335
Website
Jim Pumple portrait
Jim Pumple
Broker
Coldwell Banker Southwest Realty Brokerage
Cell: 519-383-5388
Tel: 519-331-8335
Website
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646 CATHCART Boulevard, Sarnia, Ontario

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