$330,000
Hearst
$330,000
Hearst
826 George Street, Hearst, Ontario, P0L1N0
This retail property in Hearst is for sale offering roughly 7,146 sq ft of space.
Versatile mixed use property offering strong income potential and excellent flexibility, featuring two residential units, one commercial space and one storage unit. The owner pays hydro for all units except the commercial space, which contributes toward taxes, while all units benefit from separate hot water tanks installed in 2023 and 2024. One residential unit was completely redone in 2025 with new insulation and cosmetic updates and offers two bedrooms, one bathroom and in unit laundry, while the second residential unit was renovated within the last 15 years and also features two bedrooms, one bathroom and in unit laundry, with both units including additional storage areas. The basement is occupied by a storage tenant with a washroom. Major upgrades include a new tin roof with added insulation, a refreshed facade for improved curb appeal and the installation of multiple support beams providing additional structural reinforcement to the second floor. The commercial space was previously operated as a restaurant and remains fully set up for food service, offering excellent storefront exposure and a handicap accessible entrance ramp. This property is an ideal opportunity for investors seeking multiple income streams or entrepreneurs looking to bring their business to life while benefiting from residential rental support income. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 135 days on market, against an average age of 117 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 80 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Hearst 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 $330,000, about 4.3× the local median household income of $77,500.
Carrying it typically needs a household income of about $64,461 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0L)
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