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For Sale

109 Pitt Street, Cornwall, ON K6J 3P5

$759,900

  • Store W Apt/Office
  • MLS® X13844844

Listing Brokerage: RE/MAX AFFILIATES MARQUIS LTD.

Description

Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause.

Property details

MLS® number
X13844844
Transaction
For Sale
Property type
Commercial
Style / use
Store W Apt/Office
Community
717 - Cornwall
City
Cornwall
Building area
4600 Square Feet
Lot width
32.08 Feet
Lot depth
121.3 Feet
Heating
Electric Forced Air
Cooling
Yes
Garage
None
Taxes
$11,261.00
Tax year
2025
Office area
2450
Retail area
2150
Listing brokerage
RE/MAX AFFILIATES MARQUIS LTD.

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