162 Williams St.

  • Status Sold
  • City Port Stanley
  • Property Type Commercial
  • Bedrooms 6
  • Bathrooms 5
Listing Price: $679,913
Property Details

Property Listing Expired

Welcome to the BEACH HOUSE! This freshly renovated 6-Unit Investment Property features 4 commercial units on the main floor and 2 very large luxury 3 bedroom residential units on the upper 2 floors, with lake views from the exterior deck (as well as harbour views from the 3rd level). Bigger than it looks, this property has over 11 useable rooms and 6 bathrooms. It even has its own parking lot right on the Port Stanley Strip where parking is a hot commodity. One of commercial units is currently rented, and the other 3 have just finished renovations. The two upper luxury 3 bedroom apartments (each with laundry) have been used as personal weekend get-away spots for the owner and rented on AIRBNB to generate additional income at over $1500/week each! Live in luxury right on the strip, open the store of your dreams in the summers and let the other units pay your mortgage! Appraised at $800,000 with a cap rate of 7.5 on potential income (full appraisal report avail upon request).
This listing serves as an amazing investment for anyone looking for properties in the Port Stanley Area. This home comes with 3 commercial units, and is a perfect way to live at home with your business! With a walking distance from the beach, you can’t afford to miss out on this amazing opportunity.

3 residential units with income, one is long term and 2 are airbnb/short term availability!

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