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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Port Hope
MLS Listing ID X12836338
Annual Tax Amount $62,652
Tax Year 2025
Property Sub-Type Investment
Property Description
A well maintained mixed-use commercial/residential building located in the heart of downtown Port Hope. This building features 5 commercial units and 16 residential units. Updated environmental reports completed. The property features a surplus of on-site parking and is surrounded by great national and local retailers. New commercial leasing has been completed. Price offered represents a 6.3% Cap rate. The NOI has improved with a new commercial lease in place. 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
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