12 Wallace Street
Brockton
Brockton
N0G 2V0
$995,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12423365
- Photos (19)
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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.1,115 m2
- Retail Area:
- 12000 sq. ft. Sq Ft
- Depth:
- 400'122 m
- Frontage:
- 30'9.14 m
- 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
Larger map options:
Listed by Wilfred McIntee & Co Limited
Data was last updated September 29, 2025 at 02:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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