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99-107 STATION STREET, Belleville (Belleville Ward)

· 3750 sqft

$649,900

This four-unit mixed-use commercial property is zoned C3 and ideally positioned on a high-traffic, high-visibility road in the heart of Belleville. Offering a versatile mix of residential and commercial space, the property consists of two residential units and two commercial units, providing multiple potential income streams .One of the commercial units is a fully leased, freestanding building on the west side of the property. The east side features an approximately 1,500 sq. ft. main-floor commercial unit with excellent street exposure and a history of long-term tenancy. This space is currently available for lease at $2,000 per month plus utilities, providing an opportunity for an owner-user or additional rental income. A major advantage of this property is the large rear parking lot, which can accommodate approximately 12-15 vehicles depending on configuration. With ample on-site parking increasingly difficult to find in central Belleville, this feature could be particularly attractive to a wide range of commercial tenants and businesses. With C3 zoning, excellent visibility, multiple income-producing units and substantial on-site parking, this mixed-use property offers an appealing opportunity for investors, business owners and commercial landlords looking to establish themselves in a central Belleville location. No environmental reports have been conducted. Rents and expenses are as follows: UNIT #1- $3,000 plus H&H Unit #2- Projected long term rent $2,000 Plus H & H Unit# res- 1 $1,100 Incl H Unit #4- Res $860.Approximate Taxes $9155.80 -Insurance $1600- Maintenance $2000,Hydro $2800- NOI of $63,788 per year.

General Info


MLS Listing ID: X13833568 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Retail Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: N/A Heating: Forced air Size: 3750 sqft Air Conditioning : Partially air conditioned
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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