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$1,111,000
Status: OFF MARKET
Immense Multi-faceted Income Potential. Multi-Unit, Mixed-Use Brick Building. Recently 5 Units: Air BnB, 3 Residential Apts. & Commercial space + Garage & Workshop. *Owner-Occupied with Vacant possession available* Set Market Rents! Or Transform to Duplex, Townhomes, SF home. Boutique Hotel? High Ceilings. Character. Documented as c1835 remodeled in 1850 w/Addition 1990s. Previous Commercial uses: Tavern, Tileshop, Radio Station, Home-Based biz w/ Apts. Highly visible location at prominent gateway entering the Vibrant Commercial Boutique Tourist, Shopping & Dining district surrounded by historic churches, Century homes, International School. Steps to all amenities: the coveted Beach, Marina, Boardwalk. VIA Station 1blk. 401 2km. The MC8 Zoning allows many uses. Well-upgraded & maintained building loaded with potential for multi-income units &/or owner-occupied uses. Potential for great cap rate based on market rents. Heritage Commercial District! Some heritage incentives may apply!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X7307898 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :10 Dec, 2023 (348 Days ago) |
| Source | :TRREB |
| Area | :Northumberland |
|---|---|
| Postal Code | :
K9A 2M5
|
| Price | : $1,111,000 |
|---|---|
| Property Taxes | :$7020.48 |
| Tax Year | :2023 |
|---|
| Cross Street | :Ball St & King St W |
|---|
| Fireplace/Stove | :No |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
17 Nov, 2023
TREB #X7307898
Available
$1111000.0
