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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
Listing Status Active
Purchase Type For Sale
Square Footage 5,258 sqft
Price per Sqft $209
Subdivision Port Hope
MLS® Listing ID X9271151
Originating Board Toronto Regional Real Estate Board
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! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by FOREST HILL REAL ESTATE INC.
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Nick Palumbo
Agent | License ID: 5043946