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55 Water Street W Cornwall, Ontario K6H 7J3

$2,700,000

This modern 4 story office building is centrally located in Downtown Cornwall on Water St. at Augustus St. and overlooks Lamoureux Park and the St. Lawrence River. The multi tenant building is fully serviced and barrier free accessibility with elevator, washrooms on each floor. Currently the building is approximately 70% occupied and boasts a mix of professional office tenants. There is value added potential both from vacancies in the Building itself and from the potential to sever lots to create sites for one or two condominium or multi tenant apartment buildings. The owner has developed preliminary plans for a 16 unit residential building which can be included in the sale and potential for another severance which could have up to another 6 units with great park and riverfront views. The Sellers will consider reducing the price by $275,000. and sell the main building after 0btaining consent to sever the two lots from the main site. (id:39578)

Property Details

MLS® Number 1273062
Property Type Office
Neigbourhood Downtown
Parking Space Total 75

Building

Land

Acreage No
Size Depth 262 Ft ,3 In
Size Frontage 236 Ft ,7 In
Size Irregular 236.6 Ft X 262.22 Ft (irregular Lot)
Size Total Text 236.6 Ft X 262.22 Ft (irregular Lot)
Zoning Description Cbd

https://www.realtor.ca/real-estate/23897121/55-water-street-w-cornwall-downtown

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