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. |
Extras: Municipal address 179-191 Queen Street |
Price | $7,995,000 |
Taxes: | $75233.00 |
Tax Type: | Annual |
Assessment: | $2845000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 183 Queen St , Scugog, L9L 1B8, Ontario |
Postal Code: | L9L 1B8 |
Province/State: | Ontario |
Legal Description: | LTS 5 & 32 PL H50020; PT LTS 6 & 31 PL H |
Lot Size: | 90.35 x 186.87 (Feet) |
Directions/Cross Streets: | Queen & Water |
Category: | Retail |
Building Percentage: | Y |
Total Area: | 23262.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 5859 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 11895 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Rec Centre |
Approximatly Age: | 100+ |
Sprinklers: | N |
Outside Storage: | N |
Heat Type: | Elec Forced Air |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK EASTERN REALTY |
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Type: | Com - Investment |
Area: | Durham |
Municipality: | Scugog |
Neighbourhood: | Port Perry |
Lot Size: | 90.35 x 186.87(Feet) |
Approximate Age: | 100+ |
Tax: | $75,233 |