MLS#: 30745472 Status: For Sale

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$1,279,000
Location:

301 Main Street, Port Dover Ontario

301 Main Street, Port Dover Ontario
Description:
investment property with a great return on your dollar
built in 1875 the historic dominion hotel building located in port dover across from the lighthouse theatre and powell park. it was converted to a 10 unit multiplex with 2 commercial restaurants, 1-two-bedroom, 1-one-bedroom, 6 bachelor units. fully tenanted-rarely has a vacancy - building is in a very high demand as it is prominently located and is safe and secure building. commercial unit (lago) has a long-term lease and is one of the top restaurants and restaurateurs of norfolk county. commercial unit (family shed) is a long-term tenant and is a well known pizza place in town. all residential units have in-unit owned hot water tanks, stoves, fridges, and window ac units. fully paid solar panel system with high-income 20 year contract with hydro one for additional revenue. compliant with fire safety standards - annual testing done. fire safety plan, extinguishers, pull station and smoke detectors (separate and inter-connected), plus co monitors. common interior areas have been extensively renovated including fresh painted walls, new light fixtures, new carpeting.
Property:
Type: Residential
Acreage: Under 0.5 Acres
Sewer: Sanitary
Structure:
Heating: Baseboard Heaters, Electric, Forced Air, Gas
Exterior: Brick
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301 Main Street, Port Dover Ontario

Coldwell Banker Action Plus Realty Brokerage

Gail Bouw
Gail Bouw
Sales Representative

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866-426-8816

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