104-106 Walton Street Port Hope, Ontario L1A 1N3
$1,100,000
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:47351)
Property Details
| MLS® Number | X9271151 |
| Property Type | Retail |
| Community Name | Port Hope |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 5,258 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 120 Ft |
| Size Frontage | 21 Ft |
| Size Irregular | 21 X 120 Ft |
| Size Total Text | 21 X 120 Ft |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/27336325/104-106-walton-street-port-hope-port-hope
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 03 2024 07:43:39
Toronto Regional Real Estate Board
Forest Hill Real Estate Inc.