2024 Dufferin Av - Storefront Retail/Residential FOR SALE


Wallaceburg, ON N8A 4M4
$1,199,000 CAD
2024 Dufferin Av, Wallaceburg, ON for Sale
$1,199,000 CAD
Storefront Retail/Residential - FOR SALE
1/51
null | Request Cap Rate

2024 Dufferin Av
Wallaceburg, ON N8A 4M4


HIGHLIGHTS

  • High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 43,300 sq. ft. Mixed-Use Complex on 4.99 Acres
  • Exceptional Opportunity Features a Solid Income Base with 19 Residential Units, 6 commercial storefronts and and 50+ On-Site Parking Spaces.

OVERVIEW

Mixed-Use Investment Powerhouse on Nearly 5 Acres! High Income, Prime Zoning, Endless Potential! Unlock Immediate Cash Flow and Long-Term Upside with this 43,300 sq. ft. Mixed-Use Complex on 4.99 Acres of High-Visibility Commercial Land. This Exceptional Opportunity Features a Solid Income Base with 19 Residential Units (8 1-bedroom, 10 2-bedroom, 1 3-bedroom), 6 Commercial Storefronts, and 50+ On-Site Parking Spaces. With a Projected Net Annual Income of $200,000, this Income-Producing Property Offers Stability from Day One while Zoning Flexibility and Prime Frontage Open the Door to Significant Value-Add Potential. Ideal for Coffee Shops, Drive-Thrus, Car Washes, or Retail Developments. Backed by Heavy Power Capacity, Recent Upgrades, and Strong Development Potential, this Asset is Suited for Investors Seeking a Profitable, Versatile, and Expandable Commercial Holding. Permitted Uses Include: Automobile Sales & Service, Take-Out Restaurants, Furniture Stores, Hotels/Motels, Taverns, and Wholesale Establishments. Profitable & Flexible. Built to Grow. Financials Available to Qualified Buyers.

FOR SALE DETAILS

PRICE

$1,199,000 CAD

PRICE/SF

$28 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

4.99 AC

LAND SF

217,364 SF

ZONING

RHC-184

APN/PARCEL ID

365041000767500

ASK ABOUT THIS PROPERTY

Scott StrenForest Hill Real EstateMore Info

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