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SaleCommercial Retail

22985 Lakeridge Road

Brock, ON L0E 1E0

Price

$749,000

Building Size

0.76 sq ft

Lot: 0.76 acres (33,106 sq ft)

MLS# N13213130 | Listed by LPT REALTY

Business Details

Business Type

Other

Property Use

Multi-Use

Commercial Space & Financials

Retail Area

37 sq ft

Industrial Area

1,008 sq ft

Taxes (Annual)

$8,006.93

Industrial Specifications

Clear Height

9 ft

Drive-In Doors

8' W × 9' H

Parking

20 spaces (Other)

Lot Size

133.2' × 238.42'

Structure

Freestanding

Property Description

This Powerhouse Investment At 22985 Lake Ridge Rd N In Brock Offers A Rare Combination Of Residential Income And Commercial Versatility On A Nearly Acre Lot. Centered Around A 5,000+ Sqft 2-Storey Block Building, The Property Features Five Distinct Rental Streams: A Ground-Floor Shop/Office With Two Bay Doors, Three Apartments (Two Upper 2-Bedroom And One Ground Level 1-Bedroom), Plus A Separate 3-Bedroom Raised-Bungalow With Finished Walk-Out Basement. Zoned Hamlet Commercial (HC), The Potential Is Massive With Permitted Uses Including A Grocery Store, Medical Clinic, Restaurant (With Drive-In), Automotive Repair, Gas Bar, Hotel, And Retail Commercial Establishments. The Site Is Ideally Located On A Paved Road Just Off Hwy 48, Minutes From Lake Simcoe Beaches And Marinas, Providing High Visibility And Convenience. Practicality Meets Profit With 16+ Parking Spaces, All Units On Separate Meters (Tenants Pay Utilities), And A New Drilled Well And Septic System Installed In 2020. Whether You Operate A Laundromat, Post Office, Or Furniture Store, This Asset Has The Potential To Be A Revenue Engine. All Tenants Are Currently Month-To-Month, Offering Immediate Cash Flow With Future Flexibility For Any Savvy Investor Or Owner-User Looking To Capitalize On This Rural Commercial Hub.

Price & Status History

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Listing Courtesy of: LPT REALTY

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.