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36-38 King Street Brussels, Ontario N0G 1H0

Central Air Conditioning Forced Air


Very attractive Retail Investment offering in the Charming town of Brussels Ontario. The plaza comprises of two National tenants, Foodland & CIBC. Lease details are as follows: Foodland/Sobeys - 9615 sq.ft, annual Net rent $68,458.80 (under market value). They Just renewed their lease for another 5 years with continual options of 5 years till 2038. CIBC - 3174 sq.ft. annual Net rent $49,990.50, their lease was renewed in 2021 till 2026 with continual renewal options of 5 years. Plenty of on-site and street parking. 30 min drive to Lake Huron (Goderich), 18 mins to Seaforth, 60 mins to Kitchener, 75 mins to London, 54 mins to Grand Bend. CAM charges $29,800 for 2022. Property tax $20,952 for 2022. Lots of upside to this stable plaza. New roof over CIBC in 2022. The reconciliation is done once a year to recover CAM & Tax expenses. (id:20872)



Property Details

MLS® Number 40429084
Property Type Other
Amenities Near By Beach, Golf Nearby, Schools, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area
Features Corner Site, Golf Course/parkland, Beach
Sign Type Signband


Basement Type None
Construction Material Concrete Block, Concrete Walls
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Concrete, Metal
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Exterior 12789.0000
Utility Water Municipal Water


Access Type Road Access, Highway Access
Acreage No
Land Amenities Beach, Golf Nearby, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 266 Ft
Size Irregular 0.77
Size Total 0.77 Ac|1/2 - 1.99 Acres
Size Total Text 0.77 Ac|1/2 - 1.99 Acres
Zoning Description C4


Natural Gas Available


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