For Sale

11 Victoria Avenue, Belleville, Ontario K8N1Z5

$1,049,900

11 Victoria Avenue, Belleville, Ontario K8N1Z5 is For Sale and has a listing price of 1,049,900. The property is located in the Belleville neighbourhood. It's been on the website for 28 Days.

  • Retail
    Property Type
  • MLS ID: X11068510
  • Office Name RE/MAX QUINTE LTD.
Property Description

This 4000 sq ft well maintained commercial building in downtown Belleville is ideal for a variety of businesses. Currently used as a medical practice, this two story building could also be a good fit for a physiotherapist, chiropractor, accounting firm, law firm or any business that requires a number of well laid out offices, bathrooms and administrative space. With eight exam rooms/offices spread over three floors, a board room, four bathrooms, and a beautiful bright reception area, this building would allow any number of professionals to work independently or in concert with each other. The basement underwent a full renovation right down to the studs in 2016 and the A/C unit was replaced in 2023. ***Check out the virtual tour in HD**** One small office containing files is not shown on the floor plan due to privacy concerns. The current tenant is planning to vacate at the end of 2025 which would provide any prospective buyer with a good return on investment while planning to move their business. The current rent is $7976.26 including HST until December 15th, 2025 and is going up on January 1st. The tenant pays the utilities and the snow removal. The landlord pays taxes. The net income for the year is $74,533.82. All showings must be conducted Friday through Sunday and require a minimum of 24 hours notice due to the nature of the business. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X11068510
  • Price: $1,049,900
  • Transaction Types: For Sale
  • Ref ID: 27686240
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
11/26/2024 X11068510 $1,049,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Belleville
  • $685,996 Average List Price
    based on 1 year
  • 100 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 45.96 % Up
  • Sold (12mo) 456
  • Rented (12mo) 118

  • 1 Month Change +28.5%
  • 3 Month Change +27.3%
  • 6 Month Change +36.3%
Walkscore
  • 92 Walk Score
    Walker's Paradise
  • 81 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    81.39%
  • All Houses/Commercial
    0.02%
  • Commercial
    10.62%
  • Condo
    6.92%
  • Land for Sale
    1.05%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/11/2024 00:00:00
  • Zoning Y
  • Agent Name: Andrew Walmsley
  • Last Updated: 28/11/2024 12:39:41
Open House Dates
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