About 216 Front Street

8% RETURN. RIVER VIEW BUILDING FOR SALE IN PRIME LOCATION. FULLY OCCUPIED, THIS PROPERTY FEATURES 4000 SQ FT MAIN FLOOR WITH FRONTAGE ON BOTH FRONT ST.& CHRISTINA ST. THIS UNIT HAS A BASEMENT OF APPROX 3000 SQ FT. GLASS GARAGE DOORS ON BOTH SIDES MAKE FOR GREAT NATURAL LIGHT & DISPLAY. THERE IS A CENTRAL OPEN AIR COURTYARD CURRENTLY USED AS A GARBAGE CORRAL. THE 2ND FLOOR FEATURES 2 APARTMENTS BOTH WITH AMAZING VIEWS OF THE RIVER. THE BUILDING HAS RECENTLY BEEN UPGRADED INCLUDING BUT NOT LIMITED TO: ROOF, HVAC, FIRE ALARM, WINDOWS & DOORS, ELECTRICAL, & PLUMBING. RENTS ARE AS FOLLOWS: 2 BEDROOM $1100/MO.+ HYDRO, 1 BEDROOM $995/MO.+ HYDRO, & COMMERCIAL $4800/MO.+ UTILITIES & PROPERTY TAX. MAIN FLOOR IS CURRENTLY USED AS A RESTAURANT. D1 ZONING ALLOWS FOR MANY USES INCLUDING RETAIL/OFFICE & GYM. SELLERS ARE LICENSED REALTORS IN THE PROVINCE OF ONTARIO

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