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114 Durham Street E Brockton, Ontario N0G 2V0

2606 sqft
None Baseboard Heaters

$420,000

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

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X13514700
Property Type Retail
Community Name Brockton
Equipment Type Water Heater
Features Irregular Lot Size
Rental Equipment Type Water Heater

Building

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

Land

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

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Jeremy Ellis
Salesperson

(519) 379-0091

Exp Realty
79 Elora St, Unit 77
Mildmay, Ontario N0G 2J0

(866) 530-7737
(647) 849-3180
thekirstine-ellisgroup.com/about/

Neil Kirstine
Salesperson

(519) 881-9545

Exp Realty
79 Elora St, Unit 77
Mildmay, Ontario N0G 2J0

(866) 530-7737
(647) 849-3180
thekirstine-ellisgroup.com/about/

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