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965/969 Queen Street Kincardine, Ontario N2Z 2Y2

4 Bedroom 2 Bathroom 4107
None Forced Air Landscaped

$929,000

2 adjacent commercial properties at the intersection of Queen & Broadway Streets in Kincardine's commercial core (across from Tim Hortons). The home at 965 Queen St. & the commercial property at 969 Queen St are being offered for sale as a PACKAGE to share the 2 existing street entrances & 6+ parking spaces. The 1151 sq.ft. century brick home has had many upgrades this spring including new vinyl windows, roof shingles replaced, new electrical breaker panel, new kitchen & bathroom cabinets, sink & counter tops, some new flooring at entrance & stairs & complete interior re-paint. Although the home is zoned C-1 General Commercial, it can continue its residential use under a legal non-conforming provision in the zoning by-law as it has never been used for commercial purposes. See Kincardine's zoning bylaw for the extensive list of non-residential uses in a downtown commercial zone. 969 Queen St is the corner commercial building which was originally a brick, single family home before a large commercial addition was added in the early 1990's. The 3 ground floor commercial units totaling 1901 sq.ft. and the 2nd storey, 2 bedroom apartment (approx. 1055 sq.ft.) are fully rented with a gross income of $39,530 (plus future rental income from the 2 bedroom home) before expenses of about $8.000. The realty taxes for 2023 are $5287.83. This prime location with reliable tenants make this property a great opportunity. (id:47238)

Property Details

MLS® Number 40431001
Property Type Multi-family
Amenities Near By Airport, Beach, Hospital, Marina, Place Of Worship, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area, Community Centre
Equipment Type Propane Tank
Features Corner Site, Visual Exposure, Beach
Rental Equipment Type Propane Tank

Building

Bathroom Total 2
Bedrooms Total 4
Appliances Water Meter
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick, Stucco
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Propane
Heating Type Forced Air
Stories Total 2
Size Interior 4107
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Airport, Beach, Hospital, Marina, Place Of Worship, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Frontage 96 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/25665974/965969-queen-street-kincardine

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Russ Coultrup
Salesperson

(519) 386-1367
www.remaxlandexchange.ca/

RE/MAX Land Exchange Ltd Brokerage (Kincardine)
Box 521, 768 Queen Street
Kincardine, Ontario N2Z 2Y9

(519) 396-8444
(519) 396-9070
www.remaxlandexchange.ca/

Connor Coultrup
Broker

(519) 386-5745

RE/MAX Land Exchange Ltd Brokerage (Kincardine)
Box 521, 768 Queen Street
Kincardine, Ontario N2Z 2Y9

(519) 396-8444
(519) 396-9070
www.remaxlandexchange.ca/

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