Two-story commercial building featuring brick and vertical siding, multiple windows, and two balconies with dark railings Features: split ac unit, window mounted ac, wall mounted ac More Photos

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    For Sale - 770 Fourth Avenue, Tay, Ontario

    Est payment $16,749/mo
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    Time on Jump  15 day




    Exceptional turnkey investment opportunity featuring a well-maintained mixed-use property with multiple income streams. The building offers six residential units, including five 2-bedroom apartments on the second floor (2 currently vacant for immediate rental upside) and one 1-bedroom unit on the ground floor. All existing tenants are long-term and have been committed. The balance of the ground floor is occupied by an established anchor post office consisting of 2 units, providing stable commercial income. Additional revenue is generated by an on-site coin-operated washer and dryer. Five residential units have been updated with led lighting, cupboards, countertops, backsplash, flooring, custom blinds, hardware and some newer sliding glass doors. Each individual unit has its own baseboard heating. The roof is approximately 6 years old with a 25-year warranty, and the building is monitored by 5 security cameras. Parking includes 6 tenant spaces, 2 visitor spaces, handicap parking at the rear, plus dedicated front parking and side shipping space for the post office . Basic city garbage containers are conveniently located at the rear. A long-term tenant voluntarily assists with minor on-site maintenance, making this an even more attractive hands-off investment. Ideally located within walking distance to restaurants, convenience stores, beaches, and scenic walking trails, including nearby pride point, awenda provincial park, and port mcnicoll pier. Comprehensive due diligence is available for qualified buyers, including all residential leases, anchor post office lease details, profit & loss statements for 2024, 2025 and year-to-date 2026, plus utility and property tax information. A rare opportunity to acquire a stabilized income-producing asset with diversified revenue, documented financials, immediate upside through two vacant units, and excellent long-term investment potential with a perpetual lease. Professional photos and floor plans will be provided shortly.
    Listing IDS13618058
    Address770 Fourth Avenue
    CityTay, Ontario
    Price$3,488,000
    Bath7 Full
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeHeating / Cooling Baseboard

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    Listing Agency:  RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    770 Fourth Avenue
    Tay , Ontario
    7 $3,488,000
    Get more info