Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

314/316 Raglan Street S Renfrew, Ontario K7V 1R5

6,297 sqft
Fully Air Conditioned Hot Water Radiator Heat

$749,000

Prime Commercial investment opportunity in the heart of downtown Renfrew! Retail or office with residential unit(s) above or behind. This impressive property boasts one-story commercial building with retail or office and three residential unit(s). One unit on the main floor and two units above. The restaurant was a fully-operational commercial kitchen and bar with outdoor patio area approx. 1,200 sqft. Parking available: 4 spaces owned and many more shared parking as well as street parking available. Located in older downtown core. Two apartments already rented at approx. $3200/M. Owner lives in the 3rd apartment which can be rented easily at approx $ 2400/M. The building is a great opportunity as an investment with the potential for multiple tenants or for an owner who would occupy. If you are someone looking to set up their business like Retail, Pharmacy, Medical Clinic, restaurant, coffee shop for long term success with the opportunity to expand, this could be for you... Pictures show old restaurant/bar but it is empty now (Displayed to show potential similar business on site). (id:67947)

Property Details

MLS® Number X13013968
Property Type Retail
Community Name 540 - Renfrew
Parking Space Total 3

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Exterior 6296.88 Sqft
Size Interior 6,297 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 116 Ft
Size Frontage 53 Ft ,6 In
Size Irregular Bldg=53.5 X 116 Ft ; 0
Size Total Text Bldg=53.5 X 116 Ft ; 0
Zoning Description C1

https://www.realtor.ca/real-estate/29622309/314316-raglan-street-s-renfrew-540-renfrew

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Rami Bastawros, Royal LePage Performance Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.