
Retail For Sale
$749,000
MLS® Number: N13213130
Bathrooms
6
Floor Area
1
Land Size
0.76
Retail For Sale
$749,000
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
Listed By
LPT REALTY
Mortgage Calculator
Estimated Monthly Payment
$3,680
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,680
Principal and interest only. Actual rates may vary.