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$ 420,000
Est. payment | /mo
2,606 SqFt
$ 420,000
Est. payment | /mo
2,606 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,606 sqft
Price per Sqft $161
Subdivision Brockton
MLS Listing ID X13514700
Annual Tax Amount $2,161
Tax Year 2026
Lot Size 4,660 Sqft
Property Sub-Type Commercial Retail
Property Description
Excellent mixed-use investment opportunity in the heart of downtown Walkerton. This income-producing property features three street-level commercial units and two residential apartments, offering stable income with additional upside through one vacant commercial unit ready for lease or owner occupancy. At the current asking price, the property offers an approximate 7.8% cap rate based on existing income and expenses. Each commercial unit has its own hydro meter, electric heat, hot water heater, and private washroom. The residential component includes a tenanted one-bedroom main-floor apartment and a tenanted three-bedroom second-floor apartment, both with in-suite laundry. A solid investment opportunity with immediate cash flow and future growth potential.
Location
Province ON
County Bruce
Area Bruce
Zoning C3
Interior
Cooling No
Inclusions Residential: 2 refrigerators, 2 microwaves, 2 stove, 2 washers, 2 dryers, 1 shed, 1 lawnmower, 2 hot water heaters. Commercial: 2 hot water heaters
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Building
Lited by eXp Realty
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