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$1,999,999
Available - For Sale
Listing ID: X9516482
Fully occupied Commercial retail building with RG3[151r] Industrial zoning located in Richmond. The owner of the property is currently operating the business Richmond Motorsports in the front unit and will consider selling the business in addition to the property if the new owner is looking for an owner-occupied location. 24-hour irrevocable on all offers and 24-hour notice for showings. The seller is willing to sell or lease additional parking from 3833 McBean which is the lot directly to the left when facing the property and has the Storage rental containers on the land. INCOME BREAKDOWN: $5400 + HST per month from Richmond Motorsports. ( 3600 sq ft). The Lentech Transmission shop in the middle sublet's the 900sq ft to them at $1800 + HST. The transmission shop is part of the original building and shares the entrance, washroom, and electrical. $3500 + HST per month comes from " Impacto " the rear tenant ( 2070 sq ft ) . They have their own entrance, washroom and electrical supply. It is noted as well that the containers are owned by Richmond Motorsports and not included in sale, they are at the end of the building on the 3835 McBean St Property.
Extras:   Expenses are without HST and tenants pay utility cost per sq footage. The owner pays property taxes, snow, and lawn. Owner will provide updated number for water and insurance. Photos of both properties 3833 & 3835 to showcase the location.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $99,999.95 $199,999.9 $299,999.85 $399,999.8
First Mortgage $1,899,999.05 $1,799,999.1 $1,699,999.15 $1,599,999.2
CMHC/GE $52,249.97 $35,999.98 $29,749.99 $0
Total Financing $1,952,249.02 $1,835,999.08 $1,729,749.14 $1,599,999.2
Monthly P&I $8,361.33 $7,863.44 $7,408.38 $6,852.67
Expenses $0 $0 $0 $0
Total Payment $8,361.33 $7,863.44 $7,408.38 $6,852.67
Income Required $313,549.92 $294,879.06 $277,814.3 $256,975.22

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

3835 MCBEAN St , Stittsville - Munster - Richmond, K0A 2Z0, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Commercial/Retail
Area: Ottawa
Municipality: Stittsville - Munster - Richmond
Neighbourhood: 8209 - Goulbourn Twp From Franktown Rd/South
Style:
Lot Size: 99.91 x 230.87(Feet)
Approximate Age:
Tax: $5,537
Maintenance Fee: $3,000
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