408 Queen Street North Huron, Ontario N0M 1H0

2 Bathroom 4,535 ft2
Fully Air Conditioned Forced Air

$519,900

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! (id:28006)

Property Details

MLS® Number X13657266
Property Type Retail
Community Name Blyth

Building

Bathroom Total 2
Age 100+ Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 4535 Sqft
Size Interior 4,535 Ft2
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Depth 102 Ft
Size Frontage 20 Ft
Size Irregular Bldg=20 X 102 Ft
Size Total Text Bldg=20 X 102 Ft
Zoning Description C4

https://www.realtor.ca/real-estate/30135498/408-queen-street-north-huron-blyth-blyth

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