$6,500,000
Available - For Sale
Listing ID: X9515572
841 SYDNEY St , Cornwall, K6H 3J8, Ontario
| The Tudor Centre was purpose built in 1989 as a mixed 1 & 2 storey retail/office plaza. It has a structural steel frame c/w metal roof & brick veneer exterior. Originally designed with 14 units, over time the anchor tenant "Centre de Sante" Health Care Centre expanded operations reducing the number of tenants to 9. The centre block is a 2 storey sprinklered structure c/w elevator. The facade has been updated complete with walkway. There is a 1,200 amp main electrical with separate power supply to each of the 13 original units and a 200 amp entrance. In total the building has 23,445 sq ft of floor area with the Health Centre occupying 53.4% of the floor area. Two tenants M&M Food Market & the Glengarrian restaurant occupy 2 bays each & the other tenants each occupying single bays of 1080 sq ft +/-. Zoning is CC_SC Community Commercial-Shopping Centre which permits a wide variety of commercial uses. There are +100 parking spaces. All leases are care free net leases. |
| Price | $6,500,000 |
| Taxes: | $149779.00 |
| Assessment: | $3719000 |
| Assessment Year: | 2023 |
| Occupancy by: | Tenant |
| Address: | 841 SYDNEY St , Cornwall, K6H 3J8, Ontario |
| Postal Code: | K6H 3J8 |
| Province/State: | Ontario |
| Legal Description: | Pt Lot 11 & 12 S side 9th St & Pt lot 11 |
| Lot Size: | 301.00 x 211.00 (Feet) |
| Directions/Cross Streets: | The Tudor Centre is at 841 Sydney St and is the South East corner of Sydney St and Ninth St. |
| Category: | Retail |
| Total Area: | 23445.00 |
| Retail Area: | 11000 |
| Gross Income/Sales: | $614623 |
| Net Income Before Debt: | $362003 |
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| RE/MAX AFFILIATES MARQUIS LTD. |
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416-828-2535
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Lot Size: | 301.00 x 211.00(Feet) |
| Tax: | $149,779 |
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