REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,895,000
Est. payment | /mo
24,645 SqFt
$ 1,895,000
Est. payment | /mo
24,645 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 24,645 sqft
Price per Sqft $76
Subdivision Belleville Ward
MLS Listing ID X13227284
Annual Tax Amount $30,099
Tax Year 2025
Property Sub-Type Investment
Property Description
Located at 350 North Front Street in Belleville, this exceptional 0.57-acre ground lease offering presents investors with the opportunity to acquire along-standing, institutionally backed quick-service restaurant asset occupied by Wendy's Restaurants of Canada Inc.. The tenant has successfully operated at this high-profile commercial corridor location since 1985, demonstrating nearly four decades of proven performance and commitment to the site. Further reinforcing the strength of the tenancy, Wendy's completed a comprehensive rebuild of the drive-through restaurant in 2021, modernizing the asset to current brand standards and enhancing the customer experience. Strategically positioned along one of Belleville's primary retail arteries, the property benefits from outstanding visibility, strong traffic volumes, and proximity to Highway 401, major national retailers, established residential neighbourhoods, and commercial amenities. This offering provides investors with secure, passive income backed by an established national tenant with along operating history at the property and continued capital investment in the location. Offers to be subject to tenant's right of first refusal.
Location
Province ON
County Hastings
Area Hastings
Zoning C3
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 162.15
Others
ParcelsYN No
Listed by ROCKWELL COMMERCIAL REAL ESTATE, BROKERAGE