23 Gore St E
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23 Gore St E
10,200 SF 100% Leased Retail Building Perth, ON K7H 1H4 £585,871 (£57/SF) 6% Net Initial Yield
Executive Summary
STONE 7-UNIT IN THE HEART OF ALL THE ACTIVITIES IN HISTORIC CENTRAL DOWNTOWN PERTH,HIGH VISIBILITY & HIGH TRAFFIC LOCATION IN A HIGH TRAFFIC HERITAGE TOURIST TOWN,4 APTS & 3 RETAIL STREET LEVEL SPACES, 1 BLOCK TO THE TAY CANAL WHICH FLOWS INTO THE WORLD HERITAGE SITE RIDEAU CANAL,2 BLOCKS TO STEWART PARK THE WEDDING CAPITAL PARK OF ONTARIO WITH A MULTITUDE OF YEARLY FESTIVALS,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME WITH THE APTS BEING GROSSLY UNDER RENTED,CLOSE TO THE OLDEST GOLF COURSE IN CANADA-THE LINKS O TAY GOLF COURSE,2 BLOCKS TO THE BEST WESTERN HOTEL,LARGE UNITS WITH UNIQUE LAYOUTS, VERY HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES LIKE RETAIL STORES & RESTAURANTS & BANKS,PERTH ALSO HAS ONE OF THE BEST HOSPITALS IN ONTARIO LOCATED A FEW BLOCKS FROM THE DOWNTOWN,40% OF PERTH RESIDENTS ARE RETIRED & THESE RETIREES MAKE EXCELLENT TENANTS
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,200 SF
Building Class
C
Year Built
1850
Price
£585,871
Price Per SF
£57
Net Initial Yield
6%
NOI
£35,152
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.09
Lot Size
0.21 AC
Amenities
- Signage
- Signalised Intersection
Walk Score ®
Walker's Paradise (94)
Nearby Major Retailers
1 of 8
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23 Gore St E
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