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207 Main St

2,895 SF Retail Building Port Stanle, ON N5L 1C4 £551,453 (£190/SF)

Investment Highlights

  • Ample parking
  • Retail amenities nearby
  • Heavy commercialized area
  • Access to highway
  • High exposure location
  • Main Street Frontage

Executive Summary

Prime Downtown Location for Sale! This versatile 4-unit, mixed-use property offers a 3,000 sq/ft 1.5-story structure, with 2 commercial units at the front and 2 residential units at the back. Each residential unit has two levels, private patios, separate entrances, and parking. All tenants are on month-to-month leases. A single retailer rents both commercial spaces, which include an unfinished basement for storage, laundry, and a staff washroom. The South residential unit (207) is approx 1,100sq/ft and features a loft-style 1-bedroom + den with vaulted ceilings, skylight, and a private back patio. The North residential unit(209) is approx 820 sq/ft and offers an open kitchen, living and dining space leading to a private patio, two bedrooms, and a four-piece bathroom upstairs. Building improvements include a new metal roof (2019) updated furnaces (2019 & 2021) hot water tanks(2020 & 2022), and separate hydro meters. Not heritage-designated, this property offers potential for future development.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,895 SF
Building Class
C
Year Built
1970
Price
£551,453
Price Per SF
£190
Tenancy
Single
Number of Floors
2
Building FAR
0.34
Land Acres
0.20 AC
Zoning
B1
Parking
11 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
69 ft on Main Street
  • Listing ID: 33621995

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: 207 Main St, Port Stanle, ON N5L 1C4

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