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Est. payment | /mo
17,000 SqFt
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Est. payment | /mo
17,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 17,000 sqft
Subdivision Port Hope
MLS Listing ID X13538766
Annual Tax Amount $62,652
Tax Year 2025
Property Sub-Type Investment
Property Description
The Suburban Retail Team at CBRE Limited is pleased to present a well-maintained mixed-use commercial/residential building in the heart of Downtown Port Hope. The property comprises 5 commercial units and 16 residential units, with updated environmental reports completed and a surplus of on-site parking. Situated among strong national, and local retailers, the building has recently completed new commercial leasing that has improved the Net Operating Income. The offered price represents a stabilized cap rate above 6.1%, and the vendor is pleased to offer a Vendor Take-Back mortgage.
Location
Province ON
County Northumberland
Area Northumberland
Zoning Mixed Use
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
ParcelsYN No
Listed by CBRE LIMITED
NEARBY SCHOOL & BUSINESS
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