$6,995,000

Investment For Sale In Scugog (Port Perry), Ontario

$6,995,000

Property Information:

|| - PRICE REDUCED - || A trophy investment property and downtown Port Perry's most recognized building landmark and retail anchor: Featuring six commercial tenants and 11 apartment suites, this fully-occupied mixed-use investment offers stable income from quality, thriving commercial tenants and significant revenue upside through market turnover of residential units. Formerly known as Settlement House, this landmark building in Port Perry's historic downtown is one of the most historic sites in Port Perrys downtown heritage conservation district, yet now only 15-20 from expanded 407/412 and 45 minutes from DVP/401. Extreme visibility directly across from the Port Perry Post Office and nestled between three major banks, a pharmacy, and public library, this investment represents a remarkable opportunity to acquire a true historic treasure with positive cash flow and upside potential. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 23262 sqft
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Recreation
  • Floor Space (approx): 23262 Square Feet
  • Lot Depth: 186.8 Feet
  • Lot Frontage: 90.3 Feet
  • Zoning: C3

Courtesy of: RE/MAX HALLMARK EASTERN REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.