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103 CEDAR Drive

103 CEDAR Drive

Turkey Point, Ontario

2,000 sqft • Retail

$1,190,000

Looking for profitable life-style change...check out this valuable 0.33 ac Commercial/Residential property boasting 64' of Centre Stage frontage located in heart of Turkey Point's famous beach strip. Possibly The Best beach-front location in this quaint Lake Erie resort town exploding every summer w/sun worshipping tourists savouring expansive golden sand beaches directly in front of this Erie Gem. Mins to popular destination villages that dot Erie's Golden South Coast - renowned for fantastic boating, fishing, zip-lining, golfing + miles of bike/hiking trails nearby. Less then 2 hour comm. to Toronto - 60 mins SE of London - central to Port Dover, Simcoe + Long Point's Natural Bio-Sphere. Established for over 70 yrs - Comm. Restaurant offers aprx. 2000sf work area featuring a fully equipped kitchen, multiple take-out windows, refurbished walk-in cooler, 3pc bath, laundry station, SS range hood, fire suppression system, membrane roof, community water, septic + equipment-SchB. BONUS - incs well maintained 2 bedroom winterized home (aprx. 1000sf) positioned an attractive distance behind Restaurant including roof, p/g furnace, community water, septic + 600 sqft deck with lake view. incredible amount of daily summer traffic - huge potential for energetic enterpreneurs.

Price History

Community

Postal area N0E

Population
36,557
Private dwellings
15,375
Median age
46
Average household size
2.6
Median household income
$92,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Retail in Turkey Point · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of retail properties in Turkey Point over the last 12 months.

Walk Score

25

Walk

29

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$238,000

Estimated Monthly Payment

$5,846

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,846/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $298/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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