Address:
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Description: FOR SALE, MAIN PLAZA IN DOWNTOWN INNISFIL/ALCONA BEACH. +/-30,000 SQUARE FEET IN TOTAL 16,480 SQUARE FEET OF MAIN FLOOR RETAIL, PLUS 12,000 SQUARE FEET RESIDENTIAL APARTMENTS (12 UNITS X 1000 SF, EACH IS 2 BEDROOMS) ON UPPER LEVEL. TENANTS INCLUDE BEER STORE, PIZZA PIZZA, BEACH BAR AND GRILL, VARIETY STORE, LAUNDROMAT, ATM, TAX RETURNS ETC. SECOND FLOOR INCLUDES 12 LARGE TWO BEDROOM APARTMENTS. PLENTY OF PARKING. PRICE INCLUDES 1/2 ACRE PARCEL AT THE REAR, GREAT FOR ADDITIONAL MULTI RESIDENTIAL DEVELOPMENT, HOTEL OR COMMERCIAL EXPANSION. IN TOTAL, PROPERTY IS +/-2 ACRES ON THE MAIN INTERSECTION IN THE FAST DEVELOPING DOWNTOWN COMMERCIAL CORE. GREAT INVESTMENT WITH A HEALTHY CAP RATE. MIXED RESIDENTIAL AND COMMERCIAL DEVELOPMENT ON THE MAIN STREET! PLAZA BUILT IN 1991. METAL ROOF, MUNICIPAL SERVICES. PLENTY OF LAND SPACE FOR EXPANSION, RESIDENTIAL RENTS ARE BELOW MARKET, HUGE OPPORTUNITY FOR IMPROVEMENTS AND HIGHER CAP RATES.

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