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:61015)
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
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December 03 2024 07:43:39
Toronto Regional Real Estate Board
Forest Hill Real Estate Inc.