102 Centre Street, Prescott, ON K0E 1T0
Investor Alert:
Turnkey Commercial Opportunity Looking for a hands-off investment with a reliable return?
This well-maintained commercial building comes with a long-term tenant in place, currently on a 10-year lease with the option to renew for another 5 years. The owner is the tenant of this well-established business with over 20 years of history, offering peace of mind and stable rental income from day one. The property includes a dedicated parking lot at the rear for clients and is located in a high-visibility, convenient area—a smart addition to any investor’s portfolio. Great tenant. Great location. Great building. What more could you ask for? Showings are available after business hours. Call now to schedule. Monday and Wednesday 7:00 am – -6:00 pm; Tuesday and Thursdays 7:00 am – 5:00 pm and Friday 7:00 am – 1:30 pm
Rental Income: $82,024.44 (the owner/tenant is responsible for heat, hydro and water expenses)
Taxes: $6747.49
Insurance: $2432.16
3D
https://tours.andrewkizell.com/2323066?a=1
Directions: Take Exit 716 at Prescott and head south on Edward Street, all the way pass King Street to stop sign and turn right at sign and the property is located on the corner of Centre and Water Street East #102
EXCLUSIONS: Owner/Tenants equipment