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Main Photo: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 1: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 2: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 3: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 4: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 5: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 6: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 7: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 8: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 9: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 10: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 11: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 12: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 13: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 14: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 15: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 16: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 17: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 18: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Photo 19: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12423365
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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
12000 sq. ft. Square Feet
Total Area:
12,000 sq. ft.
Retail Area:
12000 sq. ft. Sq Ft
Depth:
400'
Frontage:
30'
Lot Shape:
Reverse Pie
Water supply:
Municipal
Zoning:
C3
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
36
Possession Details:
Flexi/Imediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,615.39 / 2025
Assessment:
$- / -
Bruce
Brockton
Brockton
No
None
Tenant belongings/inventory/equipment
None
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Net Income Before Debt:
$69,264.61
Expenses Actual/Estimated:
Estimated
Tax Expenses:
$8,615.39
Year Expenses:
25000
Category:
Multi-Use
Days Open:
Open 7 Days
Outside Storage:
No
Date Listed:
Sep 24, 2025
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  • Photo 5: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
    Full second floor tenant
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  • Photo 14: 12 Wallace Street: Brockton Commercial for sale : MLS®# X12423365
    Vacant Cafe/Restaurant
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    Tenant 2
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Listed by Wilfred McIntee & Co Limited
Data was last updated September 29, 2025 at 02:15 AM (UTC)
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