For Sale – Mixed Use Investment – 3 Unit Building for Sale in Walkerton

5902

Property ID

4

Bathrooms

Description

Here is an excellent opportunity for either an investor or owner user to profit from this Downtown core. This mixed-use building located in Downtown Walkerton has over 5,000 Square feet of rental area. Currently the property generates $68,000 in gross income split among 2 main floor units and a 1,700 sq. ft. executive style suite makes a wonderful home for the building owner or can continue to operate as a rental.
In-floor hydronic heating, 3 furnaces, 4 central air conditioning units, 3 Phase electrical are some of the upgrades that separates this property out from the rest. RMT, Physiotherapist, Aesthetician are currently renting this location and have been for over 10 years.

  • Great, solid, historical building that has loads of character with Stone exterior and beautiful upgraded finishes throughout
  • Street parking and free overnight parking across the road. 1 owned parking space at the back
  • Over $150k spent on renovations in the last 3 years. The finished throughout are well above average
  • Very low maintenance required as there is no grass cutting or snow removal and majority if not all of the upkeep has already taken place
  • Excellent Investment with below market rents with tenants who are happy to continue operating like they have for over 10 years
  • Address

    Address: 110 Durham Street, West. Walkerton
    • Country: Canada
    • Province / State: ONTARIO
    • City / Town: KITCHENER
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    • Property ID 5902
    • Price $869,000
    • Property Type Investment Property
    • Property status For Sale
    • Bathrooms 4
    • Label Sale
    • Number Of Units 3
    • Lot Size 49' x 150'
    • Total Square Feet 5,154
    • Zoning C-1 & M-1

    File Attachments

    110_Durham_Street_W_-_Sale_Brochure-11.26.21.pdf Download

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