4184 Old Hwy 2 Highway East, Belleville (Belleville Ward), Ontario, K8N4Z4
This industrial property in Belleville is for sale offering roughly 5,600 sq ft of space.
Welcome to the smartest investment you'll make this year (6 figure NET Income) - 58 acres of prime waterfront real estate, two positive cash flow assets and breathtaking views of the Bay of Quinte. A tenanted commercial building resides on the property including 5,600 sqft of office and vehicle bay space with 42,000 sqft of paved parking. A stunning and updated 5 bedroom estate with a home gym can be converted to your very own oasis or keep it as the current successful AirBNB asset earning over 6 figures annually. Inquire for further details on all assets, property details, and financials. ***CAP RATE 7.4%*** (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 103 days on market, against an average age of 79 days across the listings currently for sale in this city
This industrial in Belleville (Belleville Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,999,900, about 25.3× the local median household income of $79,000.
Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 394% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8N)
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