179-191 Queen St - Storefront Retail/Residential FOR SALE


Scugog, ON L9L 1B9
$7,995,000 CAD
705-872-7002
179-191 Queen St, Scugog, ON for Sale
$7,995,000 CAD
Storefront Retail/Residential - FOR SALE
1/14
null | 5.13% Cap Rate

179-191 Queen St
Scugog, ON L9L 1B9


HIGHLIGHTS

  • Picturesque Building
  • Prominent Location in Scugog

OVERVIEW

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 Perrys 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.

FOR SALE DETAILS

PRICE

$7,995,000 CAD

PRICE/SF

$450 CAD /SF

CAP RATE

5.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

C3

APN/PARCEL ID

182002001021100

ASK ABOUT THIS PROPERTY

Derek GreenRE/MAX Eastern Realty IncMore Info
705-872-7002

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Derek GreenRE/MAX Eastern Realty IncMore Info
705-872-7002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.