280-282 Front St

Belleville, K8N2Z8
For Sale
$2,750,000
280-282 Front St, Belleville
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
280-282 Front St
Retail
CATEGORY
14,589 Sq Ft
TOTAL AREA
X8240234
MLSID
Contact Us
Property Description
280-282 Front Street, "The West Harrison Block", is a historic mixed use building available for purchase in downtown Belleville. The building is fully Tenanted with 3 ground floor commercial units and 10 residential units across the 2nd and 3rd floors. Successful retail Tenants, a bridal store and a hair salon, occupy the commercial units facing onto Front St. The income/expense numbers for the building support an excellent return for the asking price. The rear ground floor space is suitable for conversion to residential, to add multiple additional apartments, which would further improve the net income for the building. The building has been well cared for by its current owners with recent renos to the street facing facade, multiple apartments, building fire system, water supply from the street, sanitary from the street and throughout the building. All units separately metered for hydro, all Tenants pay their own heat. Building has 5 parking spaces at the rear. The basement is ~7,000 sf and partially finished.
Property Details
Category
Retail
Zoning
C2-3
Total Area
14,589 Sq Ft
Lot Size
45' x 190'
Taxes
$20,470 (2023)
Parking Spaces
5
Air Conditioning
Yes
Listing contracted with Century 21 Lanthorn Real Estate Ltd.
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PREDOMINANT EXPOSURE - SOUTH, FREE ON SITE, ZONED FOR COMMERCIAL USE, CORNER LOTFULLY TENANTED FOR COMMERCIAL USE AND SAME TENANT SINCE 2005 AND WILL CONTINUE; PROPERTY IS MAINTAINED BY TENANT AND LEASE IS NET TO LANDLORD IDEAL LOCATION IN BELLVILLE FOR FUTURE GROWTH. 6.0% CAP WITH LONG LEASE; GREAT OPPORTUNITY AND ALL OFFERS WELCOME
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