348 Durham Street East, Brockton | Image 1

348 Durham Street East

Brockton, Brockton

  • Commercial

$650,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C1

  • Age: 100+ years

  • Taxes: 1652.45

  • MLS®#: X11973832

  • Added: Feb 14, 2025 (1 week ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX Land Exchange Ltd.

Priced to Sell!!! This fantastic turn key investment opportunity in downtown Walkerton is worth a long look. Ideal for first time investor. A totally renovated successful Indian Restaurant, newly renovated 2 bedroom apt. and a 3 bedroom apt. renovated in 2021. Both apts are tenanted paying current market lease rates. Building boasts a new roof in 2015, new bay window in restaurant in 2016, new flooring walls ceilings, PVC piping, updated and certified electrical(2021) and all new bathrooms and insulation throughout. A/C in restaurant only.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 100+

  • Net Income: 62832

  • Area: Brockton

  • Community: Brockton

  • Availability Date: 60 days

Inside

  • Bathrooms: 4

  • Air Conditioning: Part

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Freestanding: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 N/S DURHAM RD AND W/S VICTORIA ST PL 7 PT 2 & 3 3R2234 S

  • Taxes: $1,652

  • Expenses: Est

  • Insurance Fee: 2575

  • Operating Fees: 8568

  • Heat Expenses: 2408

  • Other Expenses: 960

  • Taxes Type: Annual

  • Taxes: 1652

  • Tax Year: 8568

  • Water Fees: 668

Land

  • Cross Street: 348 DURHAM STREET E

  • Municipality District: Brockton

  • Parcel Number: 331960141

  • Lot Depth: 150.56 Feet

  • Lot Frontage: 25.99 Feet

  • Zoning: C1

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 1960

  • Retail Area Metric: Sq Ft

  • Total Area: 3915

  • Total Area Metric: Sq Ft

  • Hours Open: noon 2p

  • Area Influence: Rec Centre

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 70

  • Business/Building Name: Buddha Indian Restaurant

  • Financial Statement: N

  • Gross Income/Sales: 71400

  • LLBO: Y

Map of 348 Durham Street East, Brockton
JK-8

Mildmay-Carrick Central School

Elementary: Public
11.02 km
JK-8

Sacred Heart School

Elementary: Catholic
10.59 km
7-8

John Diefenbaker Senior School

Elementary: Public
9.37 km
JK-8

St Teresa of Calcutta Catholic School

Elementary: Catholic
1.97 km
JK-8

Immaculate Conception Separate School

Elementary: Catholic
8.84 km
JK-8

Walkerton District Community School

Elementary: Public
1.76 km
9-12

Walkerton District Community School

Secondary: Public
1.77 km
9-12

Saugeen District Secondary School

Secondary: Public
38.26 km
Pre-Grade 9-12

Norwell District Secondary School

Secondary: Public
41.15 km
9-12

Sacred Heart High School

Secondary: Catholic
0.72 km
9-12

John Diefenbaker Senior School

Secondary: Public
9.43 km
9-12

F E Madill Secondary School

Secondary: Public
30.64 km