1816 CANYON Street, Creston | $699,000

Investment Opportunity !! Creston and Creston Valley !!! - NEWLY Signed Lease with Options to Renew till Dec. 1 , 2040. LEASE is registered on Title . Immediate Return on your Investment . This Commercial Land and Building is situated in a prime location on Canyon Street , which is our Main Street , Hwy. 3 the only way through Creston and also our Business strip . Both vehicular and pedestrian traffic is fantastic , on this busy corner location in downtown Creston. The existing tenant , "" Kal Tire "" , has been doing business from this location for many years . A signed lease is in place for Kal Tire Corporate to remain in the building . What this means to you , is a Secure and Immediate return on your investment from this property ! Triple Net Lease with Tenant even paying Property Taxes , Insurance and M & R . Lease amount to be increased every 5 years . This well maintained Concrete Block Building with Metal Roof is Approx. 6,000 S.F. , the lot size is .41 of an acre. The lot is paved . Zoning on this property is C-1 , General Commercial . SELLER OPEN to OFFERS !!!! Possibility of Vendor Financing ?? .

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Description

Investment Opportunity !! Creston and Creston Valley !!! - NEWLY Signed Lease with Options to Renew till Dec. 1 , 2040. LEASE is registered on Title . Immediate Return on your Investment . This Commercial Land and Building is situated in a prime location on Canyon Street , which is our Main Street , Hwy. 3 the only way through Creston and also our Business strip . Both vehicular and pedestrian traffic is fantastic , on this busy corner location in downtown Creston. The existing tenant , "" Kal Tire "" , has been doing business from this location for many years . A signed lease is in place for Kal Tire Corporate to remain in the building . What this means to you , is a Secure and Immediate return on your investment from this property ! Triple Net Lease with Tenant even paying Property Taxes , Insurance and M & R . Lease amount to be increased every 5 years . This well maintained Concrete Block Building with Metal Roof is Approx. 6,000 S.F. , the lot size is .41 of an acre. The lot is paved . Zoning on this property is C-1 , General Commercial . SELLER OPEN to OFFERS !!!! Possibility of Vendor Financing ?? .

General Info

MLS Listing ID: 2471582 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: Overhead Heaters, Forced air Lotsize: 0.41 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Concrete, Mixed Flooring Fireplaces: N/A Basement: N/A

Amenities/Features

  • Level lot
  • Corner Site

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .