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Renanza Realty
For sale

105 STATION STREET

Belleville (Belleville Ward), Ontario

MLS® X13833568

$649,900

Status
Active
Property type
Retail
MLS® number
X13833568
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

This four-unit mixed-use commercial property is zoned C3 and ideally positioned on a high-traffic, high-visibility road in the heart of Belleville. Offering a versatile mix of residential and commercial space, the property consists of two residential units and two commercial units, providing multiple potential income streams . One of the commercial units is a fully leased, freestanding building on the west side of the property.

The east side features an approximately 1,500 sq. ft. main-floor commercial unit with excellent street exposure and a history of long-term tenancy.

This space is currently available for lease at $2,000 per month plus utilities, providing an opportunity for an owner-user or additional rental income. A major advantage of this property is the large rear parking lot, which can accommodate approximately 12-15 vehicles depending on configuration. With ample on-site parking increasingly difficult to find in central Belleville, this feature could be particularly attractive to a wide range of commercial tenants and businesses.

With C3 zoning, excellent visibility, multiple income-producing units and substantial on-site parking, this mixed-use property offers an appealing opportunity for investors, business owners and commercial landlords looking to establish themselves in a central Belleville location. No environmental reports have been conducted. Rents and expenses are as follows: UNIT #1- $3,000 plus H&H Unit #2- Projected long term rent $2,000 Plus H & H Unit# res- 1 $1,100 Incl H Unit #4- Res $860.

Approximate Taxes $9155. 80 -Insurance $1600- Maintenance $2000,Hydro $2800- NOI of $63,788 per year.

Property summary

MLS® number
X13833568
Property type
Retail
Size
3,750 sq ft
Land size
92.58 x 169.71 FT
Annual property taxes
$9,155.80
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Cooling
Partially air conditioned

What would this home cost you?

Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,024 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Re/Max Quinte Ltd., Belleville.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.