1651 ERBS Road, St. Agatha, Ontario, N0B2L0
A 7 unit plaza in a price of a house now!!! More than one acre lot ,7000 sqft building. Possible extension/development at the back. Great location, Only 3 minutes drive to Waterloo (Ira Needles & Erb). Tenants in different lease terms-from month to month to 2 years remaining. This plaza needs to be revitalized by adding a national/encore brand to get more traffic then revise the rents. The rents has been set low by previous owner that's why ROI is low. This area now under rapid development and growth so an excellent future is foreseen for a long term investment there. Income and expenses details are attached as supplement as well the drone video (id:2471)
- Property Address: 1651 ERBS Road, St. Agatha, Ontario, N0B2L0
- Property Type: Other
- Zoning Description: C2
- Title: Freehold
- Lot Size: 1.06
- Acreage: 1.06 ac|1/2 - 1.99 acres
- Sewage Type: Septic System
- Water Type: Municipal water
- Access: Road access, Highway Nearby
- Storeys: 1
- Basement Type: Partial (Unfinished)
- Heating Type: Electric, Natural gas, Baseboard heaters
- Cooling: Window air conditioner
- Exterior Type: Aluminum siding, Brick, Wood
- Country residential
Listing Offices: RE/MAX TWIN CITY REALTY INC., KELLER WILLIAMS INNOVATION REALTY
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