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132 SECOND Street E, CORNWALL
2024-07-22
Quick Summary
- Location
- 132 SECOND Street E, CORNWALL, Ontario K6H1Y4
- Price
- $2,599,000
- Status:
- For Sale
- Property Type:
- Office
- Area:
- 36415ft2
- Year of Construction:
- 1970
MLS®#40623434
Property Description
The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action. (id:32467)
Property Features
Building
- Basement Type: None
- Exterior Finish: Brick Veneer, Metal
- Fireplace: No
- Interior Size: 36415 sqft
- Stories: 4
- Utility Water: Municipal water
Features
- Feature: Elevator, Passenger elevator
Land
- Land Size: 0.9 ac|1/2 - 1.99 acres
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: CBD
Information entered by Re/Max Rise Executives, Brokerage
Listing information last updated on: 2024-09-24 16:14:50
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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