240-242 Durham Street E Brockton, Ontario N0G 2V0

$1,199,900

Prime investment opportunity in the heart of Walkerton's downtown core. This fully leased mixed use building features 3 stable commercial tenants and 5 well maintained residential units, offering diversified income and minimal vacancy risk.The main floor is anchored by an established financial institution with a long standing presence in the community-providing reliable, long term commercial tenancy in a high visibility location. Additional commercial spaces are leased to a long term insurance office and a successful hair salon, creating a balanced and resilient tenant mix. All residential apartments show extremely well, with consistent demand and strong rental performance. Commercial units are clean, professional, and well cared for. The building itself has been well maintained, reflecting pride of ownership and reducing near term capital expenditure concerns.This asset delivers a solid rate of return with clear upside potential through future rent growth and continued appreciation in Walkerton's thriving core. Financial information available to qualified buyers. Contact for full investment package. (id:58073)

Business

Business Type	Service
Business Sub Type	Miscellaneous services

Property Details

MLS® Number	X13835648
Property Type	Retail
Community Name	Brockton
Parking Space Total	3

Building

Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters, Forced Air
Size Interior	10,000 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	165 Ft ,1 In
Size Frontage	50 Ft
Size Irregular	Unit=50.07 X 165.16 Ft
Size Total Text	Unit=50.07 X 165.16 Ft
Zoning Description	C1a

https://www.realtor.ca/real-estate/30335890/240-242-durham-street-e-brockton-brockton