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


Scugog, ON L9L 1B9
$6,995,000 CAD
705-872-7002
179-191 Queen St, Scugog, ON for Sale
$6,995,000 CAD
Storefront Retail/Residential - FOR SALE
1/21
null | 5.43% Cap Rate

179-191 Queen St
Scugog, ON L9L 1B9


HIGHLIGHTS

  • Fully occupied mixed-use asset with commercial and residential income streams.
  • Landmark heritage property within Port Perry’s Historic Downtown district.
  • Located directly across from the Port Perry Post and downtown amenities.
  • Walking distance to the waterfront, parks, restaurants, and retail shops.
  • Diversified tenant mix supports multiple sources of in-place revenue.
  • Convenient access to Highways 7A, 407, and 412 connecting to the GTA.

OVERVIEW

183 Queen Street presents the opportunity to acquire one of Port Perry’s most recognizable mixed-use investment properties. Located within the Historic Downtown Heritage Conservation District, the asset occupies a prominent position at the intersection of Queen Street and Water Street, directly across from the well-known Port Perry Post and within walking distance of the town’s waterfront, parks, restaurants, boutiques, and community gathering spaces. The property is fully occupied and consists of six established commercial tenants and eleven residential apartment suites, providing immediate in-place income supported by a diversified tenant roster. The combination of commercial and residential uses creates multiple revenue streams while reducing exposure to reliance on a single tenant category. As suites transition over time, future ownership may benefit from additional revenue growth opportunities within the residential component. Port Perry continues to attract both residents and visitors drawn to its historic downtown environment, waterfront amenities, and active community calendar. The property benefits from year-round pedestrian activity and strong visibility along one of the community’s primary commercial corridors. Regional accessibility is enhanced by convenient connections to Highways 7A, 407, and 412, providing access to the eastern Greater Toronto Area and supporting continued interest from businesses, residents, and investors. With its heritage character, established tenancy, central downtown location, and long-standing presence within the community, 183 Queen Street offers a rare opportunity to acquire a landmark asset with stable occupancy and a mix of commercial and residential income sources in one of Durham Region’s most recognized downtown districts.

FOR SALE DETAILS

PRICE

$6,995,000 CAD

PRICE/SF

$301 CAD /SF

CAP RATE

5.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND 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 Notice.