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$1,100,000
Status: For Sale
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!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9271151 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :03 Dec, 2024 (23 Days ago) |
| Source | :TRREB |
| Area | :Northumberland |
|---|---|
| Postal Code | :
L1A 1N3
|
| Price | : $1,100,000 |
|---|---|
| Property Taxes | :$11583.05 |
| Tax Year | :2024 |
|---|
| Cross Street | :Walton St./ Ontario St. |
|---|
03 Dec, 2024
TREB #X9271151
Available
$1100000.0
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$1,100,000
104-106 Walton St, Northumberland, Ontario
Listing ID #X9271151
Price drop by $300,000
Price drop by $300,000