6396 SUMAS PRAIRIE ROAD|Greendale, Sardis - Greendale | $2,999,999

Exceptional commercial property in the highly sought-after Greendale area. Located on one of the community's busiest corners, this prominent 0.63-acre corner lot features four commercial units along with a spacious five-bedroom residence. The property offers excellent development potential, including the possibility of a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be happy to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to own a truly remarkable asset.

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Description

Exceptional commercial property in the highly sought-after Greendale area. Located on one of the community's busiest corners, this prominent 0.63-acre corner lot features four commercial units along with a spacious five-bedroom residence. The property offers excellent development potential, including the possibility of a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be happy to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to own a truly remarkable asset.

General Info

MLS Listing ID: C8075792 Bedrooms: 0 Bathrooms: 0 Year Built: 1970
Parking: N/A Heating: N/A Lotsize: 0.63 ac Air Conditioning : N/A

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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 .