Haldimand N3W 1K7 Ontario
MLS: X12959582
Added 2 hours ago | For Sale
Listed by: CENTURY 21 NEW CONCEPT
A Rare Opportunity To Acquire A Long-Established, Well-Located Neighbourhood Retail Plaza In The Thriving Community Of Caledonia. This Busy Strip Mall Sits In A Prime Commercial Corridor, Surrounded By High-Traffic Yielding Tenants And Popular Retailers Including Wendy's, LCBO, McDonald's, Zehrs, And A Variety Of Restaurants, Ensuring Consistent Foot Traffic And Strong Visibility. The Property Features Ample On-Site Parking And Excellent Accessibility, With Direct Access To Highway 54 And Convenient Proximity To Hamilton, Just 20 Minutes Away. This Strategic Location Supports Both Local Customer Flow And Commuter Traffic, Making It Ideal For Investors Seeking Stable Returns And Long-Term Growth Potential. Current Monthly Rental Income (HST Included) Is As Follows: Convenience Store $4,915/Month, Pita Pit $2,007/Month, Curry Restaurant $3,423/Month, Fish & Chips $1,469/Month, And Used Car Dealership $2,260/Month. Additional Income Is Generated Through A Clothing Bin At $850 Per Year And Signage Revenue Of $600 Per Year. This Well-Maintained Asset Offers A Strong Tenant Mix, Steady Cash Flow, And Excellent Upside Potential For Future Rent Increases Or Value-Add Improvements. An Exceptional Opportunity For Both Seasoned Investors And Those Looking To Enter The Commercial Real Estate Market With A Solid Potential For Income-Producing Property.