99-107 Station Street

Commercial Retail For Sale in Belleville Ward, Belleville, Hastings

$649,900
This four-unit mixed-use commercial property is zoned C3 and ideally positioned on a high-traffic, high-visibility road in the heart of Belleville. Offering a versatile mix of residential and commercial space, the property consists of two residential units and two commercial units, providing multiple potential income streams .One of the commercial units is a fully leased, freestanding building on the west side of the property. The east side features an approximately 1,500 sq. ft. main-floor commercial unit with excellent street exposure and a history of long-term tenancy. This space is currently available for lease at $2,000 per month plus utilities, providing an opportunity for an owner-user or additional rental income. A major advantage of this property is the large rear parking lot, which can accommodate approximately 12-15 vehicles depending on configuration. With ample on-site parking increasingly difficult to find in central Belleville, this feature could be particularly attractive to a wide range of commercial tenants and businesses. With C3 zoning, excellent visibility, multiple income-producing units and substantial on-site parking, this mixed-use property offers an appealing opportunity for investors, business owners and commercial landlords looking to establish themselves in a central Belleville location. No environmental reports have been conducted. Rents and expenses are as follows: UNIT #1- $3,000 plus H&H Unit #2- Projected long term rent $2,000 Plus H & H Unit# res- 1 $1,100 Incl H Unit #4- Res $860.Approximate Taxes $9155.80 -Insurance $1600- Maintenance $2000,Hydro $2800- NOI of $63,788 per year.
Address
99-107 Station Street
List Price
$649,900
MLS® Status
Sold Conditional
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Belleville
Sub-Area
Belleville Ward
Region
Hastings
Lot Depth
169.71
Lot Type
Lot
Lot Size Units
Feet
Lot Width
92.58
Parcel Number
405140117
Total Building Area
3750
Occupant Type
Tenant
Cross Street
Cannifton rd/station st
MLS® Number
X13833568
Listing Brokerage
Re/Max Quinte Ltd.
Postal Code
K8N 2S8
Posession Details
immeadiate
Tax Amount
$9,155.80
Tax Year
2026
Standard Status
Active Under Contract
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
None
Security Features
No
Waterfront
No

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Andrew Walmsley

Re/Max Quinte Ltd

Mobile: 343-263-1472

Office: 613-969-9907

Email Directly

106 North Front Street Belleville Ontario K8P 3B4