FITNESS CENTRE – 1-37 ONTARIO STREET

$995.00 K Dollars

Description

An investor’s dream, & likely a safer bet than the stock market these days. This facility boasts 9000 sq. feet of mindlessly easy income just a few minutes from the 3rd best beach in Canada! Add this commercial property to your portfolio & net over $80K a yr with a 15 year successful business as your tenant & a lease with a $40K personal guarantee. From the piles of parking spaces to its ideal location adjacent to Tim Hortons, this is a turn-key rental property in the heart of a vibrant & growing Ontario beach community. Buy this property, sit back, & watch your money earn an easy 8p cap with a tenant that has never once been late on a rent payment. Private & fully open 1st mortgage available to qualified buyers. The gym business is also for sale (do not go directly to tenant). Owning the full package could prove to be very lucrative for the entrepreneur looking to run a fun profitable venture. Also, recently renovated & fully leased condos for sale upstairs. Own it all! Contact LA.

For more information: http://grandbendbeach.com/fitnesscentre

Additional Details

  • STYLE
    Retail
  • WATER
    Municipality Water
  • FIRE PROTECTION
    Smoke Detector
  • FIREPLACE LOCATION
    Living Room
  • COOLING
    Fully Air Conditioned
  • HEATING AREA
    Forced Air

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