50
See all 50 photos
$935,000
Est. payment /mo
23,200 SqFt
New
451 Port Ryerse RD Norfolk, ON N3Y 4K2
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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
Lot Frontage 272.0
Lot Depth 225.0
Others
Security Features No
Listed by Century 21 Heritage House Ltd Brokerage
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