265 King Street

New Tecumseth, L9R 1N3
FOR SALE
$2,200,000
265 King Street, New Tecumseth
265 King Street
265 King Street
265 King Street
265 King Street
265 King Street
265 King Street
Commercial Retail
CATEGORY
4,000 Sq Ft
RETAIL AREA
N13774818
MLSID
Contact Us
Property Description
LOCATION! LOCATION! LOCATION! Excellent opportunity to own a well-established, turn-key commercial plaza ideally situated in a high-traffic area and serving numerous surrounding subdivisions, with additional future residential development proposed nearby. The plaza features 3 established tenants generating approximately $100,000 per year in total rent, plus TMI, providing an attractive income-producing investment with a strong cap rate. Excellent visibility with easy ingress and egress. Additional development potential allows for approximately 4,000 sq. ft. of additional space above the existing plaza, suitable for rental apartments or professional office space, subject to municipal approvals. Offered for sale by the original owner who built the plaza. A rare opportunity combining stable rental income with future development upside. Do not disturb tenants.
Property Details
Address
265 King Street
Community
Postal Code
L9R 1N3
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
Commercial
Lot Size
155' x 151'
Retail Area
4,000 Sq Ft
Taxes
$8,900 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Remax Your Community Realty
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