Property Details

1651 ERBS Road, St. Agatha, Ontario

1651 ERBS Road, St. Agatha, Ontario (ID 40188775)

$1,395,000 - For Sale

ID#:40188775

A 7 unit plaza in a price of a house now!!! More than one acre lot ,7000 sqft building. Possible extension/development at the back.
Great location, Only 3 minutes drive to Waterloo (Ira Needles & Erb). Tenants in different lease terms-from month to month to 2 years remaining. This plaza needs to be revitalized by adding a national/encore brand to get more traffic then revise the rents.
The rents has been set low by previous owner that's why ROI is low. This area now under rapid development and growth so an excellent future is foreseen for a long term investment there. Income and expenses details are attached as supplement as well the drone video

Virtual Tour Property Details
  • Property Address:1651 ERBS Road, St. Agatha, Ontario
  • Property Type:Commercial
  • Lot Size:221.33 x 208.24 221.33 ft Frontage
  • Acreage:1.0 - 2.99 Acres
  • Sewage Type:Septic
  • Water Type:Municipal
Structure Details for 1651 ERBS Road, St. Agatha, Ontario
  • Structure Type:Commercial Retail
  • Heating Type:Baseboard Heaters, Electric, Gas
  • Exterior Type:Aluminum Siding, Brick, Wood
Amenities for 1651 ERBS Road, St. Agatha, Ontario Major Highway, Parking, Separate Hydro Meters, Storage, Water Heater Owned
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1651 ERBS Road, St. Agatha, Ontario

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