For Sale: 907 Lorne Street

$569,900 – COMMERCIAL BUILDING FOR SALE ON LORNE STREET.  APPROX 6,000 SF + STORAGE IN BASEMENT – SCOTIABANK ANCHOR TENANT SINCE 1970 (NET LEASE WITH OPTIONS TO RENEW UNTIL 2034).  IDEAL USER/INVESTOR OPPORTUNITY WITH UPPER LEVEL CURRENTLY VACANT – LEASE AT $6-8 NET/SF FOR OFFICE SPACE OR POTENTIAL FOR CONVERSION TO HIGH-END APARTMENTS WITH FRONT AND REAR ENTRANCES TO UPPER LEVEL.  ASKING PRICE BASED ON 8% CAP RATE ON PROJECTED NOI

Listing ID: MLS#6030
Asking Price: $569,900
Taxes / CAM: $10,293
Zoning: C2
Square Footage: 6,000 sq ft
February 13, 2014

Location:

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