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$1,350,000
Est. payment /mo
3,216 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $419
Subdivision Newcastle
MLS Listing ID E12216719
Annual Tax Amount $17,096
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 133.04
Lot Front 75.06
Property Description
Exceptional opportunity to acquire a fully leased, stand-alone commercial property located in the heart of downtown Newcastle on high-traffic King Avenue. This well-maintained building is home to a long-established veterinary clinic, providing stable, long-term income and minimal management for investors. Offering excellent visibility, strong signage presence, and consistent traffic flow, the property also features dedicated exterior parking for both clients and staff - an added convenience in this bustling commercial corridor. The tenant is a respected fixture in the community, further reinforcing the property's value as a low-maintenance, income-generating asset. Perfect for investors seeding reliable returns and long-term growth in one of Durham Region's fastest-growing areas.
Location
Province ON
County Durham
Community Newcastle
Area Durham
Zoning C1
Interior
Cooling Yes
Inclusions Includes a built-in automatic natural gas generator, right registered right-of-way access from North St to the rear parking lot. Metal (aluminum) roof with extended transferrable warranty.
Exterior
Utilities Available Yes
Lot Frontage 75.06
Lot Depth 133.04
Others
Security Features No
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Listed by COLDWELL BANKER - R.M.R. REAL ESTATE