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121-15 Jamaica Ave

2,080 SF 50% Leased Retail Building Richmond Hill, NY 11418 $1,630,090 CAD ($784 CAD/SF) 6.50% Cap Rate

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Investment Highlights

Heavy Day Foot traffic

Near Train & Bus

Executive Summary

This mixed use property offers a promising investment opportunity. The first floor serves as a medical office, making it ideal for healthcare professionals seeking a conveniently located space. With the current market rent, the potential for leasing it to another medical practice or converting it for other commercial uses adds versatility. The second floor features a spacious three bedroom apartment, providing a comfortable living space. This apartment provides presents a steady income stream. The layout and design offer residents a cozy and functional environment, making it appealing to potential tenants. Located right on Jamaica Ave, the property benefits from excellent visibility and accessibility. The vibrant neighborhood provides access to various amenities, including shops, restaurants, and transportation options, enhancing the property's appeal.