109 Pitt Street Cornwall, Ontario K6J 3P5

4,600 ft2
Fully Air Conditioned Forced Air

$799,900

Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause. (id:47351)

Property Details

MLS® Number X12776992
Property Type Retail
Community Name 717 - Cornwall

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas, Electric
Heating Type Forced Air
Size Exterior 4600 Sqft
Size Interior 4,600 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 121 Ft ,3 In
Size Frontage 32 Ft
Size Irregular Bldg=32.08 X 121.3 Ft
Size Total Text Bldg=32.08 X 121.3 Ft
Zoning Description Cbd

https://www.realtor.ca/real-estate/29346391/109-pitt-street-cornwall-717-cornwall