789 King Ave E, Clarington $1,250,000
For Sale
7650.00 Sq Ft

MLS© ID: E3836084

331 Feet Directly On Highway #2! Awesome Location On The Eastern Edge Of The Town Of Newcastle. This Fully Tenanted Property Generates Excellent Revenue Putting The Value Well Into The 6% Cap Range. Motel Rooms Are Long Term Suites With Very Little Management Required. The Restaurant Space Is Successful & On A Long Term Lease.

Extras: Rare Opportunity To Own A Fully Tenanted, Mixed Use Property In Excellent Condition. Much Of The Equipment Is Recent & The Recent Steel Roofing Should Provide Many Years Of Worry Free Life.

Tim Reed
Commercial Real Estate Broker, Ici Director

iPro Realty Ltd., Brokerage
272 Queen St. E.
Brampton, Ontario  L6V 1B9

Phone: 905-454-1100
Toll Free: 1-877-306-4776
Email: timreedici@outlook.com
Web: timreed.ca