5630 Highway 34
$4,300,000
Looking for a solid, long-term investment opportunity, with future expansion capabilities? Very rare is there an opportunity to purchase a standalone Tim Hortons with a long-term lease in place. This high-traffic commercial property is located on Highway 34 in the charming town of Vankleek Hill. The Tim Hortons was built in in 2021 and there is a 20-year contract lease. Infrastructure is in place, including an MTO-approved entrance, for the excess land component measuring just over one acre. The excess land can be severed. Perfect for a service center, convenience store, etc., complimentary to the Tim Hortons. With its strategic location and traffic generated by Tim Hortons, and established infrastructure, this property offers immediate revenue generating capabilities and future growth with additional development. (id:64196)
Property Details
| MLS® Number | X12880022 |
| Property Type | Retail |
| Community Name | 613 - Vankleek Hill |
| Amenities Near By | Recreation |
| Features | Conservation/green Belt |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 113,256 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Size Depth | 401 Ft |
| Size Frontage | 279 Ft ,1 In |
| Size Irregular | 279.15 X 401 Ft |
| Size Total Text | 279.15 X 401 Ft |
| Zoning Description | Ch - Commercial Highway Zone |
Salesperson
(613) 769-3864