3,000 ft²Retail / Multifamily$520,000Sale
3,000 ft²
Retail / Multifamily
$520,000
Sale
![Mitch Gauzas](https://www.spacelist.ca/assets/thumb/avatar-placeholder.png)
Mitch Gauzas
A commercial fourplex located in the downtown core of Renfrew. The ground floor retail space of 1,300 sf is vacant and available for an owner/user or new tenant. Three apartments on the second floor. Unit #1 has one bedroom rented below market value at $600/month. Unit #2 has two bedrooms, is currently vacant and ready for the next owner to update. The estimated market rental income is $1,500/month. Unit #3 has a single bedroom currently rented below market value at $650/month. There is a single gas meter and two recently installed furnaces in the basement. One furnace is designated for the ground floor and the second is dedicated to the residential units. There is a single ceiling A/C unit within the retail space. There is a hydro meter for the retail space and a second hydro meter for the residential units. There is a a single garage located at the back of the building. The concrete slab is in need of repair. Approximately 6 parking spaces. Priced for an as-is where-is sale.
The Space
Asking Price$520,000
Available Space3,000 ft²
Property UseMulti family / Retail
SourceDirect
The Building
A commercial fourplex located in the downtown core of Renfrew. The ground floor retail space of 1,300 sf is vacant and available for an owner/user or new tenant. Three apartments on the second floor. Unit #1 has one bedroom rented below market value at $600/month. Unit #2 has two bedrooms, is currently vacant and ready for the next owner to update. The estimated market rental income is $1,500/month. Unit #3 has a single bedroom currently rented below market value at $650/month. There is a single gas meter and two recently installed furnaces in the basement. One furnace is designated for the ground floor and the second is dedicated to the residential units. There is a single ceiling A/C unit within the retail space. There is a hydro meter for the retail space and a second hydro meter for the residential units. There is a a single garage located at the back of the building. The concrete slab is in need of repair. Approximately 6 parking spaces. Priced for an as-is where-is sale.
Property TypeRetail / Multifamily
Floors2
Building Size3,000 ft²
Lot Size7,136 ft²
Up to $500K for Ontario businesses
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