104-106 Walton Street
Port Hope, L1A 1N3
FOR SALE
$1,100,000

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Commercial Retail
CATEGORY5,258 Sq Ft
TOTAL AREAX9271151
MLSIDContact Us
Property Description
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!
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Property Details
Address
104-106 Walton Street
Community
City
Postal Code
L1A 1N3
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
C3
Lot Size
21' x 120'
Total Area
5,258 Sq Ft
Retail Area
2,183 Sq Ft
Taxes
$11,583 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Forest Hill Real Estate Inc.
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