34-36 DURHAM STREET S
Centre Hastings, Ontario
MLS® X14164560
$299,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X14164560
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 41Listing description
Outstanding mixed-use investment opportunity in the heart of Downtown Madoc! Situated along the highly visible Highway 62 corridor, this versatile property offers an excellent combination of residential rental income, vacant commercial space, and future growth potential. The approximately 7,840 sq.
ft. property features a vacant main-floor commercial storefront, previously operated as a liquidation store, along with two spacious two-bedroom residential apartments, each featuring a four-piece bathroom. The vacant commercial unit provides an opportunity for investors or business owners to establish their own operation or secure a new tenant at market rent.
With five separate hydro meters, tenant-paid electricity, a gas furnace, and an owned hot water tank, the property offers practical features for ongoing management. Additional highlights include ample parking, a detached double garage with a concrete pad, and a picturesque setting backing onto Deer Creek. The sale also includes 26-30 Durham Street South and two separately assessed vacant lots measuring approximately 21.
10' x 96. 36' and 27. 4' x 96', offering additional flexibility and potential for future development, subject to municipal approvals.
The third-floor loft, previously occupied, presents another opportunity for restoration and potential additional living or usable space, subject to necessary approvals. Ideally located along a well-travelled route through Madoc's downtown core, this unique offering provides investors, entrepreneurs, and developers with multiple possibilities to maximize value in a central and highly accessible location.
Property summary
- MLS® number
- X14164560
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 7,840 sq ft
- Land size
- 32.88 x 267.41 FT
- Annual property taxes
- $5,808.38
- Parking
- 10 spaces
- Days on market
- 1 day
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.