ON > Belleville
Belleville, ON K8N 2Z6,249-253 Front ST
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Belleville, ON K8N 2Z6,249-253 Front ST
Belleville, ON K8N 2Z6,249-253 Front ST
Belleville, ON K8N 2Z6,249-253 Front ST
Belleville, ON K8N 2Z6,249-253 Front ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,950,000
Est. payment /mo
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Active

249-253 Front ST Belleville, ON K8N 2Z6

12,722 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,722 sqft

Price per Sqft $310

MLS Listing ID X9391504

Annual Tax Amount $20,400

Tax Year 2023

Property Sub-Type Investment

Lot Depth 172.24

Lot Front 60.75

Property Description

Introducing your next investment opportunity, the Burrows Building! Located in Downtown Belleville, this multi-use building offers a blend of commercial and residential spaces, ensuring a diverse revenue stream. Among its highlights are 3 commercial and 11 residential units: 8 bachelors, 1 two-bedroom, and 2 one-bedroom apartments. With two of the commercial spaces being currently leased, an additional vacant 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone extensive recent renovations, showcasing contemporary amenities with the building's unique architectural charm. Some units are furnished and licensed for short-term accommodation, catering to both long and short term tenants. The Burrows Building has been completely upgraded and renovated within the last 3 years, including a total rebuild with structural upgrades, a new lower roof, new windows, new fire escapes, and security enhancements with surveillance cameras. Boasting stable rental income and promising growth potential, the Burrows Building presents an exceptional opportunity to expand your investment portfolio.

Location

Province ON

County Hastings

Area Hastings

Zoning MX1

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 60.75

Lot Depth 172.24

Listed by EKORT REALTY LTD.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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249-253 Front ST

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