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23 Gore St E

10,200 SF 100% Leased Retail Building Perth, ON K7H 1H4 $730,969 USD ($72 USD/SF) 6% Cap Rate

Executive Summary

STONE 7-UNIT IN THE HEART OF ALL THE ACTIVITIES IN HISTORIC CENTRAL DOWNTOWN PERTH,HIGH VISIBILITY & HIGH TRAFFIC LOCATION IN A HIGH TRAFFIC HERITAGE TOURIST TOWN,4 APTS & 3 RETAIL STREET LEVEL SPACES, 1 BLOCK TO THE TAY CANAL WHICH FLOWS INTO THE WORLD HERITAGE SITE RIDEAU CANAL,2 BLOCKS TO STEWART PARK THE WEDDING CAPITAL PARK OF ONTARIO WITH A MULTITUDE OF YEARLY FESTIVALS,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME WITH THE APTS BEING GROSSLY UNDER RENTED,CLOSE TO THE OLDEST GOLF COURSE IN CANADA-THE LINKS O TAY GOLF COURSE,2 BLOCKS TO THE BEST WESTERN HOTEL,LARGE UNITS WITH UNIQUE LAYOUTS, VERY HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES LIKE RETAIL STORES & RESTAURANTS & BANKS,PERTH ALSO HAS ONE OF THE BEST HOSPITALS IN ONTARIO LOCATED A FEW BLOCKS FROM THE DOWNTOWN,40% OF PERTH RESIDENTS ARE RETIRED & THESE RETIREES MAKE EXCELLENT TENANTS

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,200 SF
Building Class
C
Year Built
1850
Price
$730,969 USD
Price Per SF
$72 USD
Cap Rate
6%
NOI
$43,858 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.21 AC

Amenities

  • Signage
  • Signalized Intersection
Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
Royal Bank of Canada
Scotiabank
M&M Food Market
Metro, Inc.
Anytime Fitness
Tim Hortons
TD Canada Trust
Starbucks
Barnabes Your Independent GRCR
  • Listing ID: 33583151

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 23 Gore St E, Perth, ON K7H 1H4

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