$995,000
FOR SALE

Commercial/Retail

Lot: 30 x 400 ft

12 Wallace Street
Brockton, ON N0G 2V0

Investment opportunity with this 12,000 sq.ft. commercial complex, strategically located on 0.7 acres with dual access from Highway 9 and Wallace St in Walkerton. This property, zoned Highway Commercial and with 36 parking spaces, offers a compelling mix of stable income and significant potential. The tenanted spaces spanning 6,300 sq.ft., are occupied by long-term, tenants in good standing, generating immediate and reliable cash flow. The current occupancy, at approximately 50% of the building's capacity, already yields a stable 6% CAP rate.The ground floor 2600sqft space is a blank canvas, delivered vacant upon possession, presenting a unique opportunity to dramatically increase the property's income and value. This area is perfectly suited for a variety of uses, including medical clinics, professional offices, or specialized retail. Additional vacancy is a cafe/restaurant space. The potential to lease this vacant space offers a clear path to significantly boosting the property's CAP rate and overall return on investment. (id:47421)
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Listed By Wilfred McIntee & Co Limited
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number X12423365
Last Updated Oct 14, 2025
Property Summary
Property Type Commercial/Retail

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Community Brockton
Price History

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Detailed Information
Lot 30 x 400 ft
Listing Contract Date 2025-09-22
Location Description Cross Streets: Wallace St - Trillium Court - Hwy 9. ** Directions: North off Hwy 9 onto Wallace St, Property on East side of rd, 12 Wallace St is part of the Trillium Court cul-d-sac.
# of Parking Spaces 36
Property Type Retail
Transaction Type For sale
Zoning Description C3
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water
Land
Total Size 0.712 acres
Size of Irregular Land 0.712

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