40 FRANKFORD CRESCENT
Quinte West (Trenton Ward), Ontario
MLS® X13548188
$1,500,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13548188
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 12Listing description
Commercial multi-unit investment opportunity featuring 15 units in total, including 14 commercial units and 1 residential unit, totaling approximately 14,752 sqft. The property is currently occupied by commercial tenants and offers separate hydro metering for each unit. Zoned SM-1, with a rezoning process currently underway to allow for the conversion of the entire building into residential units.
During the construction process following rezoning approval, the building is expected to allow for continued mixed-use occupancy until the residential conversion is completed (subject to applicable approvals and requirements). A great opportunity for investors, commercial landlords, or developers looking to acquire an income-producing property with future residential redevelopment potential.
Property summary
- MLS® number
- X13548188
- Property type
- Retail
- Square footage
- 14,752 sq ft
- Land size
- 361.45 x 150 FT
- Annual property taxes
- $14,102.05
- Parking
- Other
- Days on market
- 51 days
Features & details
- Heating
- Forced air
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $1,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EKORT REALTY 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.