Primary photo of 22985 LAKERIDGE ROAD, Brock
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Retail For Sale

$749,000

MLS® Number: N13213130

Bathrooms

6

Floor Area

1

Land Size

0.76

22985 LAKERIDGE ROAD, Brock, Ontario

About This Property

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.

Property Details

Interior Details

Bathrooms Total

6

Cooling

None

Heating

Baseboard heaters, Forced air, Natural gas

Living Area

1

Building & Exterior

Parking Features

Other

Land & Location

City Region

Rural Brock

Frontage Length

133.2 feet

Lot Size Area

0.76 acres

Lot Size Dimensions

0.76

Postal Code

L0E1E0

Listing & Financials

Listing Office

LPT REALTY

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Co List Agent National Association Id2

1284057

Co List Office National Association Id2

1477585

Country

Canada

Parking Total

20

Mortgage Calculator

20% ($149,800)
5.5%
25 Years

Estimated Monthly Payment

$3,680

Principal and interest only. Actual rates may vary.

Location & Map

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