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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Port Hope
MLS Listing ID X13538766
Annual Tax Amount $62,652
Tax Year 2025
Property Sub-Type Investment
Property Description
The Suburban Retail Team at CBRE Limited is pleased to present a well-maintained mixed-use commercial/residential building in the heart of Downtown Port Hope. The property comprises 5 commercial units and 16 residential units, with updated environmental reports completed and a surplus of on-site parking. Situated among strong national, and local retailers, the building has recently completed new commercial leasing that has improved the Net Operating Income. The offered price represents a stabilized cap rate above 6.1%, and the vendor is pleased to offer a Vendor Take-Back mortgage.
Location
Province ON
County Northumberland
Area Northumberland
Zoning Mixed Use
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
ParcelsYN No
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Listed by CBRE LIMITED
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