Salehian.com 647-325-5000

408 QUEEN STREET

Blyth, North Huron, N0M1H0

Listed by PRIME REAL ESTATE BROKERAGE

$519,900

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  • 2 bathrooms
  • 4535 sq ft

Listed 72 days ago · MLS® X13657266

About this home

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:66966)

Details

Type
Retail
Size
4535 sq ft
Property tax
$3,536 (2026)
Neighbourhood
Blyth
Municipality
North Huron (Blyth)

Interior

Fireplace
No

Heating, cooling and services

Heating
Forced air, Natural gas
Air conditioning
Fully air conditioned

Building and exterior

Building area
4,535 square feet

Location

Location is approximate. See nearby homes on the map

Listed by PRIME REAL ESTATE BROKERAGE.

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