Excellent mixed-use investment opportunity in the heart of downtown Walkerton. This income-producing property features three street-level commercial units and two residential apartments, offering stable income with additional upside through one vacant commercial unit ready for lease or owner occupancy. At the current asking price, the property offers an approximate 7.8% cap rate based on existing income and expenses. Each commercial unit has its own hydro meter, electric heat, hot water heater, and private washroom. The residential component includes a tenanted one-bedroom main-floor apartment and a tenanted three-bedroom second-floor apartment, both with in-suite laundry. A solid investment opportunity with immediate cash flow and future growth potential. (id:37372)
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
| MLS® Number | X13514700 |
| Property Type | Retail |
| Community Name | Brockton |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size |
| Rental Equipment Type | Water Heater |
| Appliances | Dryer, Microwave, Water Heater, Two Washers |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 2606 Sqft |
| Size Interior | 2606 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 94 Ft ,1 In |
| Size Frontage | 64 Ft ,10 In |
| Size Irregular | 0.107 |
| Size Total | 0.107 Ac |
| Size Total Text | 0.107 Ac |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/29980775/114-durham-street-e-brockton-brockton
Contact us for more information
Jeremy Ellis
Salesperson
(866) 530-7737
(647) 849-3180
thekirstine-ellisgroup.com/about/
Neil Kirstine
Salesperson
(866) 530-7737
(647) 849-3180
thekirstine-ellisgroup.com/about/