Property Description

Investment opportunity in the heart of downtown Cornwall. Unit #103 at 108 Second Street East offers approximately 1,413 sq. ft. of main-floor commercial space in Knox City Centre, a modern mixed-use condominium building prominently located at the corner of Second Street East and Sydney Street. The unit fronts directly onto Sydney Street and is currently leased to an established financial consulting firm, with a valid lease in place until December 31, 2030, providing an investor with immediate rental income. The space includes 2 commercial parking spaces, and access to additional visitor parking. Knox City Centre features four commercial units on the main floor, with 36 residential condominium units above, and is ideally situated close to shopping, restaurants, professional services, Lamoureux Park, and Cornwall's waterfront. Central Business District (CBD) zoning allows for a wide range of commercial uses, including office, financial institution, medical, retail, restaurant, pharmacy and personal service uses, among others. Buyers are to verify with the City of Cornwall and the condominium corporation that their intended use and any required alterations are permitted. A well-located, income-producing commercial condominium with an established tenancy and versatile downtown zoning. Lease and financial details are available to qualified buyers upon execution of a confidentiality agreement. (id:7434)