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Port Hope,ON L1A 1N1
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,544 sqft
Price per Sqft $266
Subdivision Port Hope
MLS Listing ID X12459511
Annual Tax Amount $14,138
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Well maintained building in the highly sought after municipality of Port Hope. Port Hope is the hidden gem of Northumberland County. The Ganaraska River is behind the building where salmon fishing is plentiful, and the Capital Theater is steps away from the front door. The exterior facade was restored in 2016. There are five residential apartments as well as two commercial/retail units. One commercial unit is 750 square feet and the other is 2500. Commercial units are on three years leases, both up in early 2026.Three of residential units are month to month , one is leased until July 2026 with another leased until August 2026. There are four two bedroom apartments and one three bedroom apartment. All units have one designated parking spot along the east of the building. The property falls under Conservation Control, Easement, Flood Plain, Heritage Port Hope. Buyer to be aware of the Port Hope Initiative. Great Income. At the list price the property has a cap rate of 6.2%.
Location
Province ON
County Northumberland
Community Port Hope
Area Northumberland
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 41.0
Lot Depth 132.0
Building
Building Age 100+
Others
Security Features No
ParcelsYN No