A trophy investment property and downtown Port Perry's most recognized building landmark and retail anchor: Featuring six commercial tenants and 11 apartment suites, this fully-occupied mixed-use investment offers stable income from quality, thriving commercial tenants and significant revenue upside through market turnover of residential units. Formerly known as Settlement House, this landmark building in Port Perrys historic downtown is one of the most historic sites in Port Perrys downtown heritage conservation district, yet now only 15-20 from expanded 407/412 and 45 minutes from DVP/401. Extreme visibility directly across from the Port Perry Post Office and nestled between three major banks, a pharmacy, and public library, this investment represents a remarkable opportunity to acquire a true historic treasure with positive cash flow and upside potential.
LTS 5 & 32 PL H50020; PT LTS 6 & 31 PL H50020 AS IN D111987 * S/E PTS 2, 3 & 4, PL 40R18246 * ; *AMENDED 2002 01 10 BY W. GRIFFIN; T/W EASE OVER PT LT 31, PL H50020, PT 2, 40R18246 AS IN DR321120. TOWNSHIP OF SCUGOG
Occupancy
Tenant
Possession Date
TBA
Taxes (2024)
$75,233
Tax Type
Annual
Assessment (2024)
$2,845,000
Directions/Cross Streets
Queen & Water
Neighbourhood
Port Perry
Area
Durham
Price History
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Detailed Information
Freestanding
Y
Lot
90.35 x 186.87 ft
Retail Area
11,895 ft2
Office/Apt Area
5,859 ft2
Total Area
23,262 ft2
Approximate Age
100+
Air Conditioning
Y
Basement
Y
Garage Type
Outside/Surface
Heat Type
Elec Forced Air
% Building
76
Outside Storage
N
Area Influences
Major Highway, Rec Centre
Sprinklers
N
Utilities
Y
Water
Municipal
Survey
N
Lot/Bldg/Unit Code
Lot
Zoning
C3
Seller Property Info Statement
N
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