$1,899,000
Norfolk
201 Main Street, Norfolk (Port Dover), Ontario, N0A1N0
This retail property in Norfolk is for sale.
*This UNIQUE brick mixed-use property is for SALE Under Power of Sale As is and Where is Basis*5,055SF footprint fully equipped restaurant with 3,285F three beautifully renovated apartments above, offer strong potential rental income, combining modern comfort with historic charm.*A great investment opportunity awaits you in this well kept century home/business located in downtown of Port Dover which is just a short walk to the sandy beach and all of Port Dover's downtown amenities, pier, Lynn Valley Trail, fishing and canoeing on Lynn river*Previously being used as a Bar/Restaurant business*The list of permitted uses is Attached*This property is zoned a CBD Central Business District (attached)*A partial lake view from second floor* PREDOMINANT EXPOSURE-EAST, REAR ACCESS-LANE, FREE ON STREET, CORNER LOT, ZONED FOR COMMERCIAL USE* NDA Required to review all financials and business-related Documents* TRAFFIC PATTERN-EXTREMELY HEAVY*Under Power of SALE on "As is & Where is Basis" buyers should verify all information independently, and avoid any wording that may overstate condition* (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 120 days on market, against an average age of 72 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 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Norfolk (Port Dover) 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 $1,899,000, about 21.6× the local median household income of $88,000.
Carrying it typically needs a household income of about $370,941 (20% down, 25-yr amortization, stress-tested) — roughly 322% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0A)
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