183 Queen Street Scugog ON L9L 1B8
$ 7,995,000

Listing ID

#E9348428

Property Type

Investment

County

Durham

Neighborhood

Port Perry

Days on website

135

Description
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.
Location
Financial Information
List Price:  $ 7995000
Taxes:  $ 75233
Property Features
Air Conditioning:  Yes
Approximate Age:  100+
Area Influences:  Major Highway, Recreation/Community Centre
Garage Type:  Outside/Surface
Heat Type:  Electric Forced Air
Lot Shape:  Rectangular
Utilities:  Yes
Listed By:     RE/MAX HALLMARK EASTERN REALTY