408 QUEEN STREET
North Huron (Blyth), Ontario
MLS® X13657266
$519,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13657266
- Bedrooms
- —
- Bathrooms
- 2
- Year built
- —
1 / 46Listing description
An exceptional turn-key investment opportunity in the heart of historic downtown Blyth! This beautifully restored, fully occupied mixed-use freehold building offers stable, immediate income and endless future potential with two established tenancies. The main floor features a long term reliable government office tenant with an extended lease through 2030 ($34,792/yr income).
The upper level boasts a spacious 3-bedroom residential furnished apartment with a conscientious long-term tenant. Total gross income of $47,000+/yr with low operating costs. Extensively renovated with major mechanical updates, 2022 natural gas conversion, 2023 facade refresh, and a brand new membrane roof with seamless eavestroughs in 2026.
Prime location directly across from the renowned Blyth Festival Theatre and minutes from Cowbell Brewing, the G2G Rail Trail, and Lake Huron beaches. Future potential to optimize residential rents or convert the upper unit to short-term tourist accommodation (subject to bylaws). Invest with Confidence.
ENJOY dependable turn-key cash flow!
Property summary
- MLS® number
- X13657266
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 4,535 sq ft
- Land size
- Bldg=20 x 102 FT
- Annual property taxes
- $3,536.00
- Days on market
- 49 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $519,900 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 PRIME REAL ESTATE BROKERAGE, LONDON.
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.