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$ 1,100,000
Est. payment | /mo
5,258 SqFt
$ 1,100,000
Est. payment | /mo
5,258 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,258 sqft
Price per Sqft $209
Subdivision Port Hope
MLS Listing ID X9271151
Annual Tax Amount $11,583
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Motivated Seller; This exceptional mixed-use property offers a potential cap rate of 7-8%, making it a prime investment opportunity. The ground floor features a spacious 2,183 sq. ft. commercial unit with a basement, currently vacant and suitable for a wide range of uses, including restaurants, medical or dental practices, and more.The residential units have been recently renovated and are tenant-occupied on a month-to-month basis, providing flexibility for new owners. Additionally, free public parking is conveniently located just 100 meters from the building.Whether youre an investor seeking a high-yield property or a business owner looking for the perfect location with the option to live on-site, this property checks all the boxes. Dont miss out on this incredible opportunity!
Location
Province ON
County Northumberland
Community Port Hope
Area Northumberland
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 21.0
Lot Depth 120.0
Others
Security Features No
Listed by FOREST HILL REAL ESTATE INC.