Home Details for 692 Main Street

Incredible prime commercial/ office , rare investment opportunity in Hawkesbury! 9,764SF . Strategically located in Hawkesbury, ON - approximately 100km to both Ottawa-Gatineau and Montreal via Hwy 417, Autoroute 50, and Hwy 174. Situated on the Ontario-Quebec border along the Ottawa River, offering excellent regional access and bilingual market exposure.Fully tenanted with strong, stable long-term leases to Ministry of Community and Social Services : Unit A 8,086 sq. ft. 5-year lease running until June 30, 2031, with a 5-year renewal option. Unit B ,1,678 sq. ft. 5-year lease running until Aug 31, 2029. Residential Unit on the 2nd-floor apartment providing additional consistent rental revenue. A turn-key holding property, with reliable quality covenants in place. This solid steel-structure building features a durable steel deck roof with membrane (2016), well-insulated exterior walls (decorative block, steel cladding, concrete, and rigid insulation), and dedicated front and rear parking for 47cars. Powered by a robust 400-amp electrical main feeding three 200-amp panels, 5 rooftop gas HVAC units, and municipal water and sewer connections. 1 attached garage . Managed by owner. NNN $177,300. Please keep in mind that these expense figures are purely estimates, based on the information on hand. Cap rate 7.7% (id:31684)

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