- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202525425
- Bus Major:
- Restaurant
- Photos (6)
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This large 4200 Sq Ft. commercial building sits on one of the most active streets in Amherst making it a prime location for tenants. Both spaces are currently being rented by local restaurants. This building offers plenty of parking for both tenants and their customers. Outback there is a 25 x 14 garage as well. This property has a long history of being fully rented. This is a great investment opportunity for someone looking to grow there portfolio.
- South Albion to #103
- Listing Sub-Area:
- 101-Amherst, Brookdale, Warren
- Property Type:
- Commercial
- Commercial Type:
- Commercial Retail
- Major Bus Type:
- Restaurant
- Title To Land:
- Freehold
- Year built:
- 2002 (Age: 23)
- Age:
- 23
- Main Living Area:
- 4,200 sq. ft.
- Floor Area:
- 4,200 sq. ft.
- Prop Size:
- 0.5 to 0.99 Acres
- Lot Size:
- 0.76 acre(s)
- Outside Dimenions:
- 100 x 42
- Zoning:
- commercial
- Construction:
- Other
- Parking:
- Yes
- Driveway:
- Parking Spaces(s), Paved
- Garage Description:
- 15 x 25 Frame
- Parking Description:
- multi parking spaces/paved
- # Floors:
- 1
- Floor Finish:
- Other
- Roof:
- Metal
- Heating:
- Heat Pump -Ducted, Heat Pump -Ductless, Ducted Cooling
- Fuel:
- Electric, Geo Thermal
- Fire Protection:
- Alarm, Hydrant
- Water Supply:
- Municipal
- Utilities:
- Cable, Electrical, Municipal Water, Natural Gas, Telephone
- Storage Building, Wheelchair Accessible
- Cleared, Highway Access, Shopping Nearby, High Traffic Location
- Air Conditioning, Security System, Ventilation System
- leases to be assumed
- None
- No
- Assessment:
- 434100.0
- Assessment Year:
- 2023
- Rental Income:
- Yes
- Net Income:
- 71700
- Gross Revenue:
- 91200
- Betterment Charges:
- deed transfer tax
- Total Expenses:
- 19500
- Business Tax Payer:
- Owner
- Property Taxes Payer:
- Owner
- Heating Payer:
- Tenant
- Hydro Payer:
- Tenant
- Water Payer:
- Tenant
- Insurance Payer:
- Tenant
- Structural Maintenance Payer:
- Owner
- Exterior Maintenance Payer:
- Owner
- Interior Maintenance Payer:
- Tenant
- Lease 1 - Net Rental Area:
- 3000
- Lease 1 - Expiration Date:
- March/2029
- Lease 1 - Occupant:
- Frank & Ginos
- Lease 1 - Rental Rate:
- 5500
- Lease 2 - Net Rental Area:
- 1200
- Lease 2 - Expiration Date:
- March/2029
- Lease 2 - Occupant:
- Freddie's
- Lease 2 - Rental Rate:
- 2700
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Listed by Royal LePage Cumberland Realty Ltd.
Data was last updated October 9, 2025 at 05:20 PM (UTC)
Area Statistics
- Listings on market:
- 62
- Avg list price:
- $547,000
- Min list price:
- $0
- Max list price:
- $3,200,000
- Avg days on market:
- 108
- Min days on market:
- 1
- Max days on market:
- 1,057
- Avg price per sq.ft.:
- $126.31
These statistics are generated based on the current listing's property type
and located in
Northern Region. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- JF MACIVOR
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
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