
Courtesy of: Jo Zhou Li, Salesperson, RE/MAX Crown Real Estate
$419,900
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1,875 square feet
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Industrial
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$419,900
1550 Park STREET Situated on a generous 50 x 200 ft lot, this 1, 875 sq ft commercial building offers excellent flexibility for both investors and owner-occupiers alike. The property can easily be configured into two separate units and is currently occupied by one tenant, with the existing lease set to expire in October. The tenant is open to staying, creating immediate income potential for buyers seeking a strong investment opportunity. Each side of the building is equipped with its own furnace and private washroom, making it ideal for multi-tenant occupancy or for an owner to operate their business in one portion while leasing out the other for additional revenue. Built in 1959, the structure appears to feature solid cinder block construction with a durable tar and gravel roof. The expansive lot provides ample space for parking, storage, or potential future development. Whether you are looking to grow your business, add to your investment portfolio, or secure a versatile owner-occupied property, this building offers outstanding potential and long-term value. Contact today to schedule your private showing. (id:203)