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770 Fourth Ave, Port Mcnicoll, ON

Name: 770 Fourth Ave, For Sale in Port Mcnicoll - Zoocasa
Brand: RIGHT AT HOME REALTY
SKU: S13618058
Price: 3488000 CAD

House

For Sale

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070

MLS® S13618058

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage

Taxes $6,822

Days Active 9

Lot Size

Approx. Age

MLS® Number S13618058

Property Address: 770 Fourth Ave, Port Mcnicoll, ON, L0K1R0

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional turnkey investment opportunity featuring a well-maintained mixed-use property with multiple income streams. The building offers six residential units, including five 2-bedroom apartments on the second floor (2 currently vacant for immediate rental upside) and one 1-bedroom unit on the ground floor. All existing tenants are long-term and have been committed. The balance of the ground floor is occupied by an established Anchor Post Office consisting of 2 units, providing stable commercial income. Additional revenue is generated by an on-site coin-operated washer and dryer. Five residential units have been updated with LED lighting, cupboards, countertops, backsplash, flooring, custom blinds, hardware and some newer sliding glass doors. Each individual unit has its own baseboard heating. The roof is approximately 6 years old with a 25-year warranty, and the building is monitored by 5 security cameras. Parking includes 6 tenant spaces, 2 visitor spaces, handicap parking at the rear, plus dedicated front parking and side shipping space for the Post Office . Basic city garbage containers are conveniently located at the rear. A long-term tenant voluntarily assists with minor on-site maintenance, making this an even more attractive hands-off investment. Ideally located within walking distance to restaurants, convenience stores, beaches, and scenic walking trails, including nearby Pride Point, Awenda Provincial Park, and Port McNicoll Pier. Comprehensive due diligence is available for qualified buyers, including all residential leases, Anchor Post Office lease details, Profit & Loss statements for 2024, 2025 and year-to-date 2026, plus utility and property tax information. A rare opportunity to acquire a stabilized income-producing asset with diversified revenue, documented financials, immediate upside through two vacant units, and excellent long-term investment potential with a Perpetual Lease. (id:58753)Show Description

MLS® NumberS13618058

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

HeatBaseboard heaters, Hot Water

A/CNone

Extras

Map

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