19
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$7,995,000
Est. payment /mo
23,262 SqFt
Active
183 Queen ST Scugog, ON L9L 1B8
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UPDATED:
11/29/2024 08:46 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 23,262 sqft
Price per Sqft $343
MLS Listing ID E9348428
Annual Tax Amount $75,233
Tax Year 2024
Property Description
A trophy investment property and downtown Port Perry's most recognized building landmark and retail anchor: Featuring five commercial tenants and 11 apartment suites, this fully-occupied mixed-use investment offers stable income from quality, thriving commercial tenants and significant revenue upside through market turnover of residential units. Formerly known as Settlement House, this landmark building in Port Perrys historic downtown is one of the most historic sites in Port Perrys downtown heritage conservation district, yet now only 15-20 from expanded 407/412 and 45 minutes from DVP/401. Extreme visibility directly across from the Port Perry Post Office and nestled between three major banks, a pharmacy, and public library, this investment represents a remarkable opportunity to acquire a true historic treasure with positive cash flow and upside potential.
Location
Province ON
County Durham
Community Port Perry
Area Durham
Region Port Perry
City Region Port Perry
Interior
Cooling Yes
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Yes
Lot Depth 186.87
Others
Security Features No
Listed by RE/MAX HALLMARK EASTERN REALTY