132 Second Street , Cornwall, ON K6H 1Y4
Cornwall, ON K6H 1Y4
Description
132 Second Street East, Cornwall is a four-storey office building with approximately 38,872 sq.ft. of gross rentable floor area, including31,464 sq.ft. of usable space. The property sits on a 0.90-acre lot with approximately 54 exterior parking spaces. It is located in the city core, just two blocks from the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre, and within four blocks of City Hall. The building is partially leased to professional office tenants including a law office and the Ontario Realty Corporation. It features a hydraulic elevator, and the Central Business District zoning permits a broad range of uses, such as professional offices, restaurants, banks, and multi-family. This property is ideal for conversion into mixed-use with a residential/commercial main floor mix or enhancement through a progressive lease-up program. Approximately 28,486 sq.ft. is available for lease-up, with the building already divided and existing leaseholds in place, including per-floor washrooms and kitchenette areas with sinks. It's an impressive building in appearance, with a rooftop workshop/storage area that offers potential future revenue value. The irregular lot with on-site parking and prime downtown location, makes for a great opportunity. This sale is being conducted under a Power of Sale Action.
Details
| MLS# | X11899934 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 22 |
| Listing Provided By | RE/MAX RISE EXECUTIVES, BROKERAGE | Not Provided |
Features
| SQ Feet | 38,872 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | Cornwall |
| Zip Code | K6H 1Y4 |
| Area | 717 Cornwall |
| Listing VS Median (in K6H 1Y4) | |
Price: $2,599,000 low | high Med: $2,599,000 SqFt: 38,872 low | high Med: 38,872 $ / SqFt: $67 low | high Med: $67 On Site: 22 low | high Med: 22.000000 | |