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109 Pitt ST Cornwall, ON K6J 3P5
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 717 - Cornwall
MLS Listing ID X12776992
Annual Tax Amount $11,261
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Welcome to 109 Pitt Street - a prime investment opportunity in the heart of Downtown Cornwall. Perfectly situated between First and Second Street, this impressive mixed-use building boasts outstanding curb appeal and approximately 4,300 square feet of versatile space.The property features a modern commercial unit with an established tenant, providing immediate, stable income. Above, you'll find two separate residential units - one currently occupied by an excellent tenant, and the other vacant, offering the flexibility to set your own rent and select your ideal tenant.Whether you're looking to expand your portfolio or secure a high-visibility downtown asset, 109 Pitt Street delivers strong income potential in a sought-after location. Gross income (with one residential unit vacant) is 60,444. NOI(with one residential unit vacant) is 42,320. Fully occupied this property could have the opportunity of generating close to 80,844 gross and NOI projected at 62,720 at an estimated 1,700$/mth for the vacant unit. Minimum 24 hour notice is required for all showings. All offers are to contain a 48 hour irrevocable clause.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 32.08
Lot Depth 121.3
Others
Security Features No
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS LTD.
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