Property Details
36-38 KING Street, Brussels, Ontario, N0G1H0
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790
$2,195,000 - For sale
Very attractive Retail Investment offering in the Charming town of Brussels Ontario. The plaza comprises of two National tenants, Foodland & CIBC. Lease details are as follows: Foodland/Sobeys - 9615 sq.ft, annual Net rent $68,458.80 (under market value). They Just renewed their lease for another 5 years with continual options of 5 years till 2038. CIBC - 3174 sq.ft. annual Net rent $49,990.50, their lease was renewed in 2021 till 2026 with continual renewal options of 5 years. Plenty of on-site and street parking. 30 min drive to Lake Huron (Goderich), 18 mins to Seaforth, 60 mins to Kitchener, 75 mins to London, 54 mins to Grand Bend. CAM charges $29,800 for 2022. Property tax $20,952 for 2022. Lots of upside to this stable plaza. New roof over CIBC in 2022. The reconciliation is done once a year to recover CAM & Tax expenses. (id:2471)
Location DescriptionNorth of Seaforth
- Property Address:36-38 KING Street, Brussels, Ontario, N0G1H0
- Property Type:Other
- Title:Freehold
- Lot Size:0.77 ac|1/2 - 1.99 acres
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Access:Road access, Highway access
- Heating Type:Natural gas, Forced air
- Style:Detached
- Storeys:1
- Basement Type:None
- Cooling Type:Central air conditioning
- Exterior Type:Brick, Concrete, Metal
- Amenities Nearby:Beach, Golf Nearby, Schools, Shopping
Sales Representative
BAILE REALTY INC., BROKERAGE
Cell: 519-381-1790
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 36-38 KING Street, Brussels, Ontario, N0G1H0
- Neighbourhood Information
36-38 KING Street, Brussels, Ontario, N0G1H0
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Terms and Conditions
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.