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:4069)
Address
104-106 WALTON STREET
List Price
$1,100,000
Property Type
Retail
Area
Ontario
Sub-Area
Port Hope
Floor Area
5,258 Sq. Ft.
Lot Size
21 x 120 FT Ac.
MLS® Number
X9271151
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Postal Code
L1A1N3
Zoning
C3
