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Last Updated : 472 Days ago
249-253 Front St, Belleville, Ontario,

249-253 Front St, Belleville MLS Number: X9391504

Belleville, Hastings, ON, K8N 2Z6

$3,950,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $20400.00 (Tax Year:2023)
  • Listing Courtesy : Ekort Realty Ltd.

249-253 Front St Property Description

Introducing your next investment opportunity, the Burrows Building! Located in Downtown Belleville, this multi-use building offers a blend of commercial and residential spaces, ensuring a diverse revenue stream. Among its highlights are 3 commercial and 11 residential units: 8 bachelors, 1 two-bedroom, and 2 one-bedroom apartments. With two of the commercial spaces being currently leased, an additional vacant 2161 sqft open concept unit awaits customization to meet tenants or owners needs. The residential units have undergone extensive recent renovations, showcasing contemporary amenities with the building's unique architectural charm. Some units are furnished and licensed for short-term accommodation, catering to both long and short term tenants. The Burrows Building has been completely upgraded and renovated within the last 3 years, including a total rebuild with structural upgrades, a new lower roof, new windows, new fire escapes, and security enhancements with surveillance cameras. Boasting stable rental income and promising growth potential, the Burrows Building presents an exceptional opportunity to expand your investment portfolio.

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249-253 Front St Property Facts

Property Type :Commercial
MLS Number :X9391504
Listing Type :Sale
Possession Date :
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Last Updated :24 Jan, 2025 (472 Days ago)
Source :TRREB
Area :Hastings
Postal Code : K8N 2Z6
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249-253 Front St Property Price & Tax Insights

Price : $3,950,000
Property Taxes :$20400.00
Tax Year :2023

249-253 Front St, Belleville Property Details

Cross Street :Front Street And Campbell St

249-253 Front St, Belleville - Price History

2024-11

18 Nov, 2024

TREB #X9391504

Available

$3950000.0

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249-253 Front St - Location Map and Landmarks

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