31-33 CLOTHIER STREET E$2,500,000

Income property with redevelopment potential in downtown Kemptville. This is a perfect buy and hold as there is excellent income. Or redevelop with an eye toward adding residential to the existing 5 long term commercial tenants. Located in downtown Kemptville, the property qualifies for Community Improvement Programs that include no development fees and property tax relief on the redevelopment. Lot is 33,500 s.f. fronting on 3 streets. Total building is approximately 15,000 s.f. with a foot print of approximately 12,000 s.f. (id:46641)