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816 George Street

816 George Street

Hearst, ON

  • 3,787 sqft
  • Commercial Retail
  • 335 days on market
$325,000

Have you been considering expanding or opening your business? If so this is the property for you. This commercial property offers 3787 sq. ft. of pristine commercial space located at the heart of downtown Hearst. Currently operated as the only movie theatre and locally owned coffee shop the possibilities are endless. Well located downtown you can play a key role in the social development of the town! The building has seen many upgrades in the past few years, many indoor renovations to give it a modern look, outside renovations to refinish the facade of the building as well as updating the roof in 2014. Inside you will also find a brand new boiler installed in 2022, security cameras, a water sprinkler system as well as integrated fire alarms. While currently perfectly set-up for the smooth operation of the business the second floor offers the possibility of being turned into a residential unit to provide an extra source of income for you! The time to make your dream come true is now, don't wait! You have the liberty of choice when purchasing the property, purchase and continue running the Hearst Theatre business or transfer this property into the perfect commerce for your business!

Listing Details

Taxes (2024)
$4,389
Listed
November 19, 2024

Price History

Property

Age
51-99
Lot Size
31.3 x 82.5 Feet

Parking

Garage
None

Location & Legal

Cross Street
From Front St turn on Eight St then turn on George St
Zoning
C1
Parcel Number
650400168
Occupancy
Owner

Commercial

Business Type
Retail Store Related

Included

Inclusions
To be discussed

Community

Postal area P0L

Population
22,859
Private dwellings
10,591
Median age
42
Average household size
2.5
Median household income
$77,500

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

Commercial in Hearst · last 12 months

Median sold price
$275,000
Homes sold
22
Median days on market
25
Sale-to-list price
97.2%

Based on 22 recorded sales of commercial properties in Hearst over the last 12 months.

Listed by

RE/MAX CROWN REALTY (1989) INC

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area
3,787 sq ft
Price per sq ft
$85.82
Annual property tax
$4,389
Tax per sq ft
$1.16

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

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