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12 WALLACE STREET, Brockton, Ontario, N0G 2V0

MLS® # X12423365
Commercial For Sale In Brockton, Ontario
$995,000

None Beds

12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
Full second floor tenant - 12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
Vacant Cafe/Restaurant - 12 Wallace Street, Brockton, ON
Tenant 2 - 12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
Full second floor tenant - 12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
Vacant Cafe/Restaurant - 12 Wallace Street, Brockton, ON
Tenant 2 - 12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
12 Wallace Street, Brockton, ON
  • Advertising
12 WALLACE STREET, Brockton, Ontario, N0G 2V0
$995,000

Property Information:

Investment opportunity with this 12,000 sq.ft. commercial complex, strategically located on 0.7 acres with dual access from Highway 9 and Wallace St in Walkerton. This property, zoned Highway Commercial and with 36 parking spaces, offers a compelling mix of stable income and significant potential. The tenanted spaces spanning 6,300 sq.ft., are occupied by long-term, tenants in good standing, generating immediate and reliable cash flow. The current occupancy, at approximately 50% of the building's capacity, already yields a stable 6% CAP rate.The ground floor 2600sqft space is a blank canvas, delivered vacant upon possession, presenting a unique opportunity to dramatically increase the property's income and value. This area is perfectly suited for a variety of uses, including medical clinics, professional offices, or specialized retail. Additional vacancy is a cafe/restaurant space. The potential to lease this vacant space offers a clear path to significantly boosting the property's CAP rate and overall return on investment. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 12000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 12000 Square Feet
  • Lot Depth: 400.0 Feet
  • Lot Frontage: 30.0 Feet
  • Zoning: C3
  • No. of Parking Spaces: 36

Courtesy of: Wilfred McIntee & Co Limited

REALTOR.ca  

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Market Price Trends

All Properties

11.61%

Price change (1 year)

69.53%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 12 WALLACE STREET, Brockton, Ontario, N0G 2V0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 12 WALLACE STREET , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 33.7 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.7℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

73/100

Moderate-High

ClimateCheck®

Current data

This property, 12 WALLACE STREET , experiences 12 significant 2-day storms per year, with about 333.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 419.4mm of precipitation per year.

Precipitation Per Storm

Past
333.8mm
2050
419.4mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 12 WALLACE STREET, Brockton, Ontario, N0G 2V0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$114,905.37

Average Number of Children

1.89

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.94 %

High school certificate or equivalent

34.16 %

Apprenticeship trade certificate/diploma

7.78 %

College/non-university certificate

23.04 %

University certificate (below bachelor)

1.44 %

University Degree

14.63 %

Commuter

Travel To Work

By Car

93.7 %

By Public Transit

0.0 %

By Walking

6.3 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.71 %

Houses

97.29 %

Own Vs. Rent

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