132 Second Street E Active

Cornwall,ON K6H 1Y4

$ 2599000

0 Bed

- Bath

36415 SqFt


Key Details

Property Type Commercial

Sub Type Office,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 36,415 sqft

Price per Sqft $71

MLS Listing ID 40623434

Abv Grd Liv Area 36,415

Originating Board Kingston

Year Built 1970

Annual Tax Amount $136,113

Lot Size 0.900 Acres

Acres 0.9

Property Description

The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action.

Location

Province ON

County Stormont, Dundas And Glengarry

Area Cornwall

Zoning CBD

Direction Second Street E between Amelia and Sydney St.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Garage Guest

Utilities Available Electricity Connected,Natural Gas Connected

Waterfront No

Street Surface Paved

Lot Frontage 122.0

Garage No

Building

Lot Description Pie Shaped Lot,Other

Faces Second Street E between Amelia and Sydney St.

Story 4

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick Veneer,Metal/Steel Siding

New Construction No

Others

Senior Community No

Tax ID 601660015

Ownership Freehold/None

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