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)
| MLS® Number | N13213130 |
| Property Type | Retail |
| Community Name | Rural Brock |
| AmenitiesNearBy | Highway |
| FarmType | Other |
| ParkingSpaceTotal | 20 |
| BathroomTotal | 6 |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| SizeInterior | 1 Ac |
| UtilityWater | Drilled Well |
| Other |
| 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
Michael Fisher
Salesperson
Deanna Elizabeth Hutton
Salesperson