Property Description for 132 SECOND STREET E
The subject property is a 4 storey office building comprising approx. 38,872 sq.ft. (Gross Rentable Floor Area) w/31,464 sq.ft Property is situated on a 0.90 acre lot with approx. 56 exterior parking spaces in the city core within two blocks of the waterfront parks along the St. Lawrence River and the Cornwall Square Shopping Centre and within four blocks of the City Hall The building is partially leased to professional office tenants including Law Office and Ontario Realty Corporation. The property is serviced with a hydraulic elevator system. The Central Business District Zoning offers a broad range of allowable uses within including professional office, restaurants, bank & multi-family. This property is ideal for future conversion into mix used development (residential/commercial main floor mix), or to enhance through progressive lease up program. Approx. 28,486 sq.ft. available for lease up within, with building pre-divided and office leasehold demising in place, in addition to per floor washroom facilities w/per suite and as built kitchenette areas / sinks. Impressive building in appearance, rooftop workshop/storage area may hold future revenue value, irregular lot w/onsite parking and prime location in downtown core. Sale under Power of Sale Action. (id:38686)
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Property Details
Property Tax
: $136,114 (2023)MLS® #
: X9410598
Property Features
Property Type
: CommercialSquare Footage
: 36,415 SQFT
Utilities
Sewer
: Sanitary sewer
Other
Exterior Features
: Steel, Brick
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