11 Victoria AVE Active

Belleville,ON K8N 1Z5

$ 1049900

- Bed

- Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $262

MLS Listing ID X11068510

Annual Tax Amount $10,169

Tax Year 2024

Property Description

This 4000 sq ft well maintained commercial building in downtown Belleville is ideal for a variety of businesses. Currently used as a medical practice, this two story building could also be a good fit for a physiotherapist, chiropractor, accounting firm, law firm or any business that requires a number of well laid out offices, bathrooms and administrative space. With eight exam rooms/offices spread over three floors, a board room, four bathrooms, and a beautiful bright reception area, this building would allow any number of professionals to work independently or in concert with each other. The basement underwent a full renovation right down to the studs in 2016 and the A/C unit was replaced in 2023. ***Check out the virtual tour in HD**** One small office containing files is not shown on the floor plan due to privacy concerns. The current tenant is planning to vacate at the end of 2025 which would provide any prospective buyer with a good return on investment while planning to move their business. The current rent is $7976.26 including HST until December 15th, 2025 and is going up on January 1st. The tenant pays the utilities and the snow removal. The landlord pays taxes. The net income for the year is $74,533.82. All showings must be conducted Friday through Sunday and require a minimum of 24 hours notice due to the nature of the business.

Location

Province ON

County Hastings

Area Hastings

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features No

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