$699,000
Brockton
411-413 Durham Street East, Brockton, Ontario, N0G2V0
This retail property in Brockton is for sale offering roughly 3,437 sq ft of space.
A Truly One-of-a-Kind Investment Opportunity in Downtown Walkerton! Welcome to 411-413 Durham Street E, a truly exceptional and rare opportunity in the heart of downtown Walkerton. Situated along a high-traffic route with excellent visibility and steady foot traffic, this distinctive property has been extensively updated from top to bottom, bringing every inch of the building into the modern era. From the beautifully renovated hallways to the thoughtfully updated interior spaces, this is a property unlike anything else currently available in the area. The building offers approximately 1,500 sq. ft. of total usable commercial space, including a large 1,100 sq. ft. office area that will be ready for a new tenant as of October 1st. In addition, the property features three beautiful residential apartment units, two of which are currently occupied by long-term tenants, providing established rental income. The third unit offers additional flexibility and can be rented traditionally or utilized for short-term accommodation, creating an exciting opportunity to add another revenue stream. With 8-9 parking spaces, a prime downtown location, and a highly desirable rental market, this property offers exceptional versatility for investors and owner-users alike. The current layout provides the flexibility to operate your own business from the commercial space, live in one of the residential units, and rent the remaining units-or lease everything out as an income-producing investment. Opportunities like this are incredibly rare. With its modern updates, strong downtown presence, multiple potential income streams, and unmatched flexibility, 411-413 Durham Street E is truly a diamond in the heart of Walkerton. Whether you're looking for a commercial investment, a multi-residential opportunity, an owner-user property, or a combination of all three, this is one you won't want to miss. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 99 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Brockton is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 8.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
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