$749,000
Available - For Sale
Listing ID: N13213130
22985 Lakeridge Road , Brock, L0E 1E0, Durham
| 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: | $8006.93 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 0.76 |
| Total Area Code: | Acres |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Sprinklers: | No |
| Washrooms: | 6 |
| 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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| LPT REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Durham |
| Municipality: | Brock |
| Neighbourhood: | Rural Brock |
| Tax: | $8,006.93 |
| Baths: | 6 |
| Fireplace: | N |
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