Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
0.53 ac
Lot
Property Snapshot
Key details for this listing
MLS #X13457030
Lot
Land, frontage and setting
- Lot
- 0.53 ac - 0.53
- Frontage
- 24.0 feet
Costs
Price, taxes and monthly charges
- List Price
- $1,100,000
About This Property
This retail in Grey Highlands offers a 0.53 ac lot. The property has lot dimensions of 0.53. The home features baseboard heaters, forced air, natural gas heating, partially air conditioned.
MLS Remarks
INVESTMENT OPPORTUNITY IN GREY COUNTY - FIRST TIME FOR SALE IN 25 YEARS6+% CAP RATE currently with a 3% rent increase being applied to all units in the fall. Home to 4 RENOVATED APARTMENTS & 1 RETAIL. Main floor retail. Downstairs, fronting onto Hwy10 at the main intersection is a very successful boutique Cheese and Charcuterie Food Shop "The Artemesia Cheese Shop" in the bustling town of Flesherton. A are staple for the many high end clients who call Grey Highlands their playground or home. Rents for the Apartments are: Apt A $18k / Apt B $15k / Apt C $12.5K / Apt D $17.8K / Cheese Shop 5 Year Lease for the retail $2,500 + HST with at market rent increase (3%) annually. Annual Gross Rental Income : Artemesia Cheese $33,900Apt A $18,000Apt B $15,000Apt C $12,528Apt D $17,832Total 2025 Gross Income : $97,260 Annual 2025 Expenses :Heat & Hydro : $9,720Property Tax : $3,775Insurance : $3,619Total 2025 Expenses: $17,114.00Vacancy Allowance : (5% of Gross Income) $4,863.00Repairs & Maintenance : (8% of Gross Income) $7,780.00Total 2025 $12,643.00 Gross Income : $97,260.00Less Expenses $29,757.00Net Income (NOI) : $67,503.00Don't miss this fantastic opportunity to own a buys and successful building along the Hwy 10 Corridor in this growing market area. (id:60351)
Full Listing Details
Address10 SYDENHAM STREET
MLS#X13457030
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
List DateJun 14, 2026
Days on Market134
Annual Tax$3,775
StyleRetail
CityGrey Highlands
ProvinceOntario
Postal CodeN0C1H0
Lot Size0.53 ac
Lot Dimensions0.53
Frontage24.0 feet
Zoning DetailsC1
HeatingBaseboard heaters, Forced air, Natural gas
CoolingPartially air conditioned
SewerSanitary sewer
Annual Tax$3,775
Hwy 10 & Hwy 4
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