360 Dundas ST Active

Woodstock,ON N4S 1B7

$ 729000

- Bed

2 Baths

4095 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,095 sqft

Price per Sqft $178

MLS Listing ID X9267779

Annual Tax Amount $3,515

Tax Year 2023

Property Description

Commercial Building in a Prime Location in Woodstock. The C5 zoning (Central Commercial) permits a variety of uses, ideal for legal, medical, retail, deli, salon, etc. The building offers multiple entrances. The main floor retail area is approximately 1365 sqft and is currently rented to a well-known restaurant. The second and third floors are residential, consisting of four 1-bedroom, 1-bath apartments each with a kitchen. All apartments are currently rented out. There are 6 parking spots at the back of the building, with additional street parking also available. There are 2 bathrooms in the basement for restaurant and general use, along with an unfinished area for restaurant storage. Each unit has a separate hydro meter. Property taxes and water bills are paid by the landlord, while the rest of the utilities are paid by the tenants. The property has significant potential and generates approximately$60,000.00 in gross rent. Offer 6.3 CAP RATE!

Location

State ON

County Oxford

Zoning C5

Interior

Cooling No

Inclusions 4 Stoves, 4 Fridges.

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Parking Type None

Others

Security Features No

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