240-242 Durham Street E

Property facts

Price

$1,199,900

Type

commercial retail

Bedrooms

0

Bathrooms

0

Size

10,000 sq ft

MLS®

X13835648

Status

active

Brokerage

Coldwell Banker Peter Benninger Realty

About this home

Prime investment opportunity in the heart of Walkerton's downtown core. This fully leased mixed use building features 3 stable commercial tenants and 5 well maintained residential units, offering diversified income and minimal vacancy risk.The main floor is anchored by an established financial institution with a long standing presence in the community-providing reliable, long term commercial tenancy in a high visibility location. Additional commercial spaces are leased to a long term insurance office and a successful hair salon, creating a balanced and resilient tenant mix. All residential apartments show extremely well, with consistent demand and strong rental performance. Commercial units are clean, professional, and well cared for. The building itself has been well maintained, reflecting pride of ownership and reducing near term capital expenditure concerns.This asset delivers a solid rate of return with clear upside potential through future rent growth and continued appreciation in Walkerton's thriving core. Financial information available to qualified buyers. Contact for full investment package.

Location