$1,279,000

301 Main Street

Port Dover ON, N0A 1N0

Description

INVESTMENT PROPERTY with a GREAT RETURN ON YOUR DOLLAR Built in 1875 the Historic Dominion Hotel Building located in Port Dover across from the Lighthouse Theatre and Powell Park. It was converted to a 10 unit multiplex with 2 Commercial Restaurants, 1-two-bedroom, 1-one-bedroom, 6 bachelor units. Fully tenanted-rarely has a vacancy - building is in a very high demand as it is prominently located and is safe and secure building. Commercial Unit (Lago) has a long-term lease and is one of the top restaurants and restaurateurs in Norfolk County. Commercial Unit (Family Shed) is a long-term window AC units. Fully paid solar panel system with high-income 20 year contract with Hydro One for additional revenue. Compliant with fire safety standards - annual testing done. Fire safety plan, extinguishers, pull station and smoke detectors (separate and inter-connected), plus CO monitors. Common Interior areas have been extensively renovated including fresh painted walls, new light fixtures, new carpeting.

Details

MLS#30745724
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site100

Features

SQ Feet39,135
Story(s)0

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Area Information

ProvinceON
CountyNorfolk
CityPort Dover
Postal CodeN0A 1N0
AreaPort Dover
Listing VS Median (in N0A 1N0)
Price:
$1,279,000
low | high
Med:
$800,000
87.451133698202% of Average
SqFt:
39,135
low | high
Med:
3,000
100% of Average
$ / SqFt:
$33
low | high
Med:
$267
100% of Average
On Site:
100
low | high
Med:
92
100% of Average
Listing Updated: 10/15/2019
MLS Number: 30745724
Listing Provided By:
GAIL BOUW  of  COLDWELL BANKER ACTION PLUS REALTY BROKERAGE
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