Address
278 Queen St, Scugog, ON
Price
$ 4,750,000
Property Attributes
  • ID#E8362506
  • TypeCommercial
  • CityScugog
  • AreaPort Perry
  • NeighbourhoodScugog
  • Postal CodeL9L 1B9
  • Style
  • Taxes$ 83124
  • Price$ 4,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Fantastic opportunity to acquire a stable, cash-flowing single tenant grocery store in a GTA market with a high quality tenant. The Property is 100% leased to Sobeys (o/a Foodland) on a net lease with 2x5 year options to renew. Centrally located in downtown Port Perry, the Property has great street visibility, a strong customer base, and the ability to increase rents to market level on renewal. A rarely available offering, the Property offers strong long term growth potential with an investment grade tenancy.

Price History
5/22/2024 Listed $4,750,000

General Features

Utilities Yes
Water Municipal
Zoning C3
Sprinklers Yes
Heater Type Gas Forced Air Closd
Community Amenities Port Perry
Area Durham
Tax Year 2023
Lot Depth 0.00
Basement No
Freehold Yes
Status A
Taxes 83124.00
Legal Description PT LOT 143 PL H50020 AS IN D474848; SCUGOG * LTS 132,133,134,142 AND PT LTS 135,143 PL H50020 AS IN D141364 & D382066; SCUGOG
Category Retail
Property Sub Type Investment
Lot Front 173.23
Type .U.

Interior Features

A/C Yes

Exterior Features

Garage Type Outside/Surface
Sewers San+Storm

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L9L 1B9

Price
AVG $900K
$4.75M
Visits
AVG 21
61
Data Provided by Inside Real Estate®

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