1/5023 MARKET STREET W, Norfolk (Port Dover)
23 MARKET STREET W, Norfolk (Port Dover), ON N0A1N0
$3.2M total
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Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
88%
Lot Size
0.163 ac
About this property
A truly unique opportunity at a historic address. 23 Market Street West brings together a revenue generating commercial space and an exceptional private residence in the heart of downtown Port Dover. The commercial space offers 16 individual suites across two levels, along with boardroom and kitchenette facilities, four large washrooms, lift access and multiple entrances creating a flexible setup for professional and office users. On the second floor an approximately 2,500 sq. ft. three-bedroom residence offers a luxurious living experience, with generous living and dining areas, a chefs kitchen, primary suite with ensuite and walk-in closet, additional bedrooms, laundry and substantial storage. A three-car garage, separate residential access and laneway further add to the flexibility of the property. 23 Market St W. provides the option to live and work, have a beach town oasis, and simultaneously introduce an additional rental income stream all under one roof. Over 12,000 sqft. Established tenants. Zero vacancy. Luxury residence. One historic address. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$15K
Projected NOI
$177K
Annual cash flow
$-359
Cash-on-cash
-0.04%
DSCR
1.00
Going-in cap
5.53%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
63,755
Households
28,839
Median income
$80,000
Median age
39.4
Daytime population
72,720
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 23 MARKET STREET W, Norfolk (Port Dover).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.