$2,650,000

For sale

66 Dundas Street East, Belleville (Belleville Ward) - Retail for Sale

66 Dundas Street East, Belleville (Belleville Ward), Ontario, K8N1C1

7,330 ft²176 × 251 ft (1.01 acres) lot sizeListed 28 days ago

Overview

This retail property in Belleville is for sale offering roughly 7,330 sq ft of space. It has been on the market 28 days, fresher than the Belleville average of 80 days.

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Description

This well-maintained fully occupied commercial plaza (C3 zoning) features a strong mix of professional tenants and is centrally located along the high-traffic corridor of Church Street and Dundas Street East, just east of downtown Belleville, offering excellent exposure, on-site parking, and pylon signage. The plaza contains four commercial units, currently occupied by medical and professional tenants, providing stable income. The property also includes one vacant residential lot currently used as additional parking (R2 zoning) fronting Church Street and Turnbull Street, offering a frontage of approximately 67 ft and a depth of roughly 175 ft, presenting compelling long-term redevelopment potential. An excellent addition to an investment portfolio with stable income & future upside. (id:66096)

Property Details

MLS®: X13871122
Property Type: Retail
Zoning: C3
Interior Size: 7,330 ft²
Lot Size: 176 × 251 ft (1.01 acres)
Frontage: 176 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $35,727.84/yr
Listed: 28 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Belleville (Belleville Ward) listings, avg age

80d

Price / ft²

$362

List price

$2.65M

Haho

This retail in Belleville (Belleville Ward) has been listed for 28 days, which is 52 days fresher than the city average of 80. Act while there is still low competition.

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Listed by Re/Max Quinte Ltd. · Joe Kehoe

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8N)

This home lists at $2,650,000, about 33.5× the local median household income of $79,000.

Carrying it typically needs a household income of about $517,638 (20% down, 25-yr amortization, stress-tested) — roughly 555% above the area median.

Median household income: $79,000
Population: 30,393
Median age: 48
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K8N)

$2,650,000· $362/ft²

For sale

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Financing

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