4771 Hwy 3 (Garrison Rd) Road Port Colborne, Ontario L0S 1R0
$959,400
INVESTMENT OPPORTUNITY. OFFERED AT A VERY ATTRACTIVE CAP RATE OF 6% PLUS. GREAT COMMERCIAL LOCATION WITH 1.65 ACRES ON HWY 3 BETWEEN FORT ERIE AND PORT COLBORNE (MAIN RD TO SHERKSTON SHORES RESORT). A TOTAL OF 9 ROOMS AND ALL RENTED ON MONTHLY BASIS WITH A NET INCOME OF ABOUT $5000 EVERY MONTH. THE BUSINESS IS KNOWN AS 'SHERKSTON MOTEL'WITH AN EXPOSURE OT HWY 3 (ALSO KNOWN AS GARRISON ROAD). (id:48277)
Property Details
| MLS® Number | 40201980 |
| Property Type | Other |
Building
| Basement Type | None |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Concrete |
| Fire Protection | Smoke Detectors |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Exterior | 2000.0000 |
| Utility Water | Cistern, Drilled Well |
Land
| Acreage | Yes |
| Sewer | Private Sewer |
| Size Depth | 358 Ft |
| Size Frontage | 200 Ft |
| Size Irregular | 1.65 |
| Size Total | 1.65 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.65 Ac|1/2 - 1.99 Acres |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/23960045/4771-hwy-3-garrison-rd-road-port-colborne
Lal Rishi
Salesperson
(289) 296-2616
cosmorealty.ca,
6746 Morrison Street
Niagara Falls, Ontario L2E 6Z8
(289) 296-1216
(289) 296-2616
cosmorealty.ca
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January 22 2022 10:30:36
Niagara Association of REALTORS®
Cosmopolitan Realty