451 Port Ryerse RD new

Norfolk,ON N3Y 4K2

$ 935000

- Bed

- Bath

23200 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 23,200 sqft

Price per Sqft $40

Subdivision Port Ryerse

MLS Listing ID X12124128

Annual Tax Amount $7,553

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Incredible mixed-use investment opportunity with stable income streams and huge upside, just minutes from Port Dover, Turkey Point, Simcoe, and Port Ryerse. This rare property includes 449, 451 & 455 Port Ryerse Road offering residential rental income, commercial storage operations, and a large workshop facility. The commercial component features a 40' x 80' steel-frame storage building and 20,000 sq ft of fenced outdoor storage yard, serviced with hydro. Ideal for boat, trailer, RV, or contractor storage, the location benefits from strong seasonal and year-round demand thanks to its proximity to major recreational hubs. Zoned MR, the property is protected from overdevelopment and supports ongoing commercial use with no zoning changes required. The residential side includes a 4-bedroom main home (owner-occupied), a rented bachelor unit, a rented 2-bedroom unit above the garage, plus two unconfirmed additional units (buyer to verify). All units have separate hydro service. A 30' x 80' detached garage offers excellent flexibility for a marine repair shop, contractor space, or additional rental revenue. An inground 20' x 40' pool adds lifestyle appeal or value to short-term rental strategies. Total estimated gross income ranges from $140,000-$158,000 annually across all income streams, including residential rent, commercial storage, and shop use (buyer to verify).Buy and operate immediately, or expand revenue potential this is a high-yield, multi-use asset in a fast-growing recreational corridor. Own all three properties 449, 451 & 455 Port Ryerse Road and secure long-term, diversified returns in one strategic purchase.

Location

Province ON

County Norfolk

Community Port Ryerse

Area Norfolk

Interior

Cooling Yes

Exterior

Utilities Available Yes

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