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22985 Lakeridge Road Brock, Ontario L0E 1E0

6 Bathroom 1 ac
None Baseboard Heaters, Forced Air

$749,000

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. (id:60365)

Property Details

MLS® Number N13213130
Property Type Retail
Community Name Rural Brock
AmenitiesNearBy Highway
FarmType Other
ParkingSpaceTotal 20

Building

BathroomTotal 6
CoolingType None
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Forced Air
SizeInterior 1 Ac
UtilityWater Drilled Well

Parking

Other

Land

Acreage No
LandAmenities Highway
Sewer Septic System
SizeDepth 238 Ft ,5 In
SizeFrontage 133 Ft ,2 In
SizeIrregular 0.76
SizeTotal 0.76 Ac
SizeTotalText 0.76 Ac
ZoningDescription Hc

https://www.realtor.ca/real-estate/29823871/22985-lakeridge-road-brock-rural-brock

Jennifer Jones
Salesperson


Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

Michael Fisher
Salesperson


Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

Deanna Elizabeth Hutton
Salesperson


Lpt Realty
5100-333 Bay St
Toronto, Ontario M5H 2R2

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