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MLS® X11986943
Russell, ON
Prime industrial, retail, and residential property located on the main corridor at the entrance to the town of Embrun. The building is 5,000 square feet at street level plus a single one-bedroom residential apartment on the second floor. Vacant possession of 3,000 SF of the retail industrial portion of the building is available with 60 days notice to the current month-to-month tenant. The second unit on the ground floor is 2,000 square feet with a lease expiring July 31, 2027 and this tenant has an option to renew in their lease. This building offers a fantastic opportunity for an investor to acquire a strategic asset and operate their business on the main retail strip in the rapidly growing town of Embrun. The lot is 0.9 acres with lots of parking and a large grassy fenced backyard can be paved if desired. Continue renting the property for revenue, or use the building for your business.
Broker
ROYAL LEPAGE INTEGRITY REALTY
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Commercial Retail
671 Notre Dame Street Russell
Russell
Type
Commercial Retail
Parking
None
Property Tax
~$12,646/yr
Heating
Radiant
Buying Essentials
Square Feet
5000 sqft
Parking
None
Finances
List Price
$1,699,000
Price per SQFT
$340/sqft
Property Tax
~$12,646/yr
Property Specs
Property Type
Commercial Retail
MLS Size
5000 sqft
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Russell
Listed On
Feb 24, 2025
Days on Market
Current: 622 days
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