22985 Lakeridge Road
Brock, L0E 1E0
FOR SALE
$749,000

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Commercial Retail
CATEGORY37.0 Sq Ft
RETAIL AREAN13213130
MLSIDContact Us
Property Description
This Powerhouse Investment At 22985 Lake Ridge Rd N In Brock Offers A Rare Combination Of Residential Income And Commercial Versatility On A Nearly Acre Lot. Centered Around A 5,000+ Sqft 2-Storey Block Building, The Property Features Five Distinct Rental Streams: A Ground-Floor Shop/Office With Two Bay Doors, Three Apartments (Two Upper 2-Bedroom And One Ground Level 1-Bedroom), Plus A Separate 3-Bedroom Raised-Bungalow With Finished Walk-Out Basement. Zoned Hamlet Commercial (HC), The Potential Is Massive With Permitted Uses Including A Grocery Store, Medical Clinic, Restaurant (With Drive-In), Automotive Repair, Gas Bar, Hotel, And Retail Commercial Establishments. The Site Is Ideally Located On A Paved Road Just Off Hwy 48, Minutes From Lake Simcoe Beaches And Marinas, Providing High Visibility And Convenience. Practicality Meets Profit With 16+ Parking Spaces, All Units On Separate Meters (Tenants Pay Utilities), And A New Drilled Well And Septic System Installed In 2020. Whether You Operate A Laundromat, Post Office, Or Furniture Store, This Asset Has The Potential To Be A Revenue Engine. All Tenants Are Currently Month-To-Month, Offering Immediate Cash Flow With Future Flexibility For Any Savvy Investor Or Owner-User Looking To Capitalize On This Rural Commercial Hub.
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Property Details
Address
22985 Lakeridge Road
Community
City
Postal Code
L0E 1E0
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
HC
Lot Size
133' x 238'
Retail Area
37.0 Sq Ft
Industrial Area
1,008 Sq Ft
Acreage
0.8 Feet
Taxes
$8,007 (2025
Heat Type
Baseboard
Heat Source
Gas
Water
Well
Parking Spaces
20
Garage Type
Other
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Listing contracted with Lpt Realty
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