1 Dawson Street, Gore Bay - Retail for Sale
1 Dawson Street, Gore Bay, Ontario, P0P1H0
4,138 sq ft lot sizeListed 217 days ago
Overview
This retail property in Gore Bay is for sale.
Description
Excellent investment opportunity! This Liquour Store is a concrete anchor tenant with longstanding roots in the town of Gore Bay. Three upper apartments have tenants who would like to stay. This building has solid long term potential with a strong lease recently re-negotiated. (id:66096)
Property Details
- MLS®
- X12947886
- Property Type
- Retail
- Business Type
- Retail and Wholesale
- Zoning
- GC
- Lot Size
- 4,138 sq ft
- Frontage
- 86 ft
- Heating
- Hot Water
- Cooling
- Fully air conditioned
- Property Tax
- $5,500/yr
- Listed
- 217 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
217d
Gore Bay listings, avg age
123d
List price
$550K
Long Listed: 217 days on market, against an average age of 123 days across the listings currently for sale in this city
Haho
This retail in Gore Bay is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by RE/MAX ESCARPMENT REALTY INC. · Andrew Furry
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P0P)
This home lists at $550,000, about 8.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
- Median household income
- $64,000
- Population
- 20,285
- Median age
- 50.8
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA P0P)
$550,000
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Financing
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$550,000
Gore Bay