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$749,000
Available - For Sale
Listing ID: N13213130
This Powerhouse Investment At 22985 Lake Ridge Rd N In Brock Offers A Rare Combination Of Residential Income And Commercial Versatility On A Nearly Acre Lot. Centered Around A 5,000+ Sqft 2-Storey Block Building, The Property Features Five Distinct Rental Streams: A Ground-Floor Shop/Office With Two Bay Doors, Three Apartments (Two Upper 2-Bedroom And One Ground Level 1-Bedroom), Plus A Separate 3-Bedroom Raised-Bungalow With Finished Walk-Out Basement. Zoned Hamlet Commercial (HC), The Potential Is Massive With Permitted Uses Including A Grocery Store, Medical Clinic, Restaurant (With Drive-In), Automotive Repair, Gas Bar, Hotel, And Retail Commercial Establishments. The Site Is Ideally Located On A Paved Road Just Off Hwy 48, Minutes From Lake Simcoe Beaches And Marinas, Providing High Visibility And Convenience. Practicality Meets Profit With 16+ Parking Spaces, All Units On Separate Meters (Tenants Pay Utilities), And A New Drilled Well And Septic System Installed In 2020. Whether You Operate A Laundromat, Post Office, Or Furniture Store, This Asset Has The Potential To Be A Revenue Engine. All Tenants Are Currently Month-To-Month, Offering Immediate Cash Flow With Future Flexibility For Any Savvy Investor Or Owner-User Looking To Capitalize On This Rural Commercial Hub.
Price $749,000
Taxes: $8,006.93
Tax Type: Annual
Occupancy by: Owner+T
Address: 22985 Lakeridge Road , Brock, L0E 1E0, Durham
Postal Code: L0E 1E0
Province/State: Durham
Legal Description: PT LT 1, CON 13 BROCK ; PARTS 1 & 3, 40R
Directions/Cross Streets: Lakeridge Rd & Brock Concession Rd 14
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: .76
Total Area Code:  Acres
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Maintenance: 0
Sprinklers: No
Rail: N
Clear Height Feet: 9
Drive-In Level Shipping Doors #: 2
  Height Feet: 9
  Width Feet: 8
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LPT REALTY

22985 Lakeridge Road , Brock, L0E 1E0, Durham

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Durham
Municipality: Brock
Neighbourhood: Rural Brock
Style:
Lot Size: x 238.42(Feet)
Approximate Age:
Tax: $8,006.93
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908