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$ 749,000
Est. payment | /mo
$ 749,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision Port Hope
MLS Listing ID X13442266
Annual Tax Amount $12,068
Tax Year 2026
Property Sub-Type Store W Apt/Office
Property Description
ONE GREAT COMMERCIAL/RESIDENTIAL PROPERTY IS NICE BUT TWO GREAT COMMERCIAL/RESIDENTIAL PROPERTIES SIDE BY SIDE WITH A HUGE PARKING LOT IS PROBABLY BETTER, RIGHT ? *Media includes photos of both properties that should be sold together, so call your friend or family member right now and invest together in this amazing opportunity. Joint list price of $1,498,000 for both properties 98-100 & 102 Walton Street. Incredible multi-use investment opportunity in downtown Port Hope's historic strip. Featuring 2 main floor commercial spaces and 10 residential apartments; 4 bachelor units, 4 one bedroom units & 2 two bedroom units with a rare parking lot for 14. Well updated and maintained property offering a great mix or residential and commercial with a large parking lot at the back for tenants. Many updates including a newer roof in the last year or so, updated brick work, heat pump among many other upgrades. This is a rare opportunity to land an excellent investment property with the possibility to relocate your current successful business into one of the main floor commercial spaces for added value if needed. Why pay rent to lease your current commercial space when you can own and collect rent to help you pay the mortgage? Do the math, years of leasing the space for your current, successful business does not add up. Most successful businesses that last for many years are the ones that also own the real estate. With so many great improvements happening to downtown Port Hope and in the area in general that will boost the local economy, you will want to get in before you just cant.
Location
State ON
County Northumberland
Area Northumberland
Interior
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 20.61
Lot Depth 127.22
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Listed by REAL ESTATE HOMEWARD
NEARBY SCHOOLS & PROPERTIES
Very Professional Jennifer was helpful, knowledgeable and was able to work around my crazy work schedule. Thanks to her dedication, I am now a proud home owner and excited for the future, Thank you!