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$1,250,000
Est. payment /mo
5,770 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,770 sqft
Price per Sqft $216
Subdivision Selwyn
MLS Listing ID X12432122
Annual Tax Amount $459,292
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Prime Investment Opportunity: High-Traffic Multiplex with Stable Income! Presenting a rare and exceptional investment opportunity at 822 Ward St. in the heart of Bridgenorth, Ontario. This impressive 7-unit multiplex is a cornerstone property, delivering strong financials and attractive CAP rates, making it a valuable addition to any investor's portfolio. Situated on a sprawling half-acre lot in a high-traffic area, this property offers outstanding visibility and accessibility. The building features a strategic mix of four residential and three commercial units, creating a diverse and resilient income stream. The main floor commercial space is anchored by reliable, long-term tenants, providing immediate and consistent revenue. This well-maintained property is a turnkey investment designed for performance. The combination of residential apartments and commercial storefronts minimizes vacancy risk and maximizes earning potential. Its prime location ensures high demand from both residential tenants seeking convenience and businesses looking for a prominent commercial address. This is more than just a property; it's a powerful income-generating asset in a growing community. Capitalize on the stability of long-term commercial leases and the consistent demand for residential housing. Don't miss your chance to acquire this premier Bridgenorth investment property. Contact us to learn more about the financials and secure your investment.
Location
Province ON
County Peterborough
Community Selwyn
Area Peterborough
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 133.0
Lot Depth 165.0
Others
Security Features No
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Listed by RE/MAX CROSSTOWN REALTY INC.
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