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179-191 Queen St 23,262 SF 100% Leased Retail Building Scugog, ON L9L 1B9 $6,995,000 CAD ($300.71 CAD/SF) 5.43% Cap Rate
Investment Highlights
- Fully occupied mixed-use asset with commercial and residential income streams.
- Located directly across from the Port Perry Post and downtown amenities.
- Diversified tenant mix supports multiple sources of in-place revenue.
- Landmark heritage property within Port Perry’s Historic Downtown district.
- Walking distance to the waterfront, parks, restaurants, and retail shops.
- Convenient access to Highways 7A, 407, and 412 connecting to the GTA.
Executive Summary
The property is fully occupied and consists of six established commercial tenants and eleven residential apartment suites, providing immediate in-place income supported by a diversified tenant roster. The combination of commercial and residential uses creates multiple revenue streams while reducing exposure to reliance on a single tenant category. As suites transition over time, future ownership may benefit from additional revenue growth opportunities within the residential component.
Port Perry continues to attract both residents and visitors drawn to its historic downtown environment, waterfront amenities, and active community calendar. The property benefits from year-round pedestrian activity and strong visibility along one of the community’s primary commercial corridors. Regional accessibility is enhanced by convenient connections to Highways 7A, 407, and 412, providing access to the eastern Greater Toronto Area and supporting continued interest from businesses, residents, and investors.
With its heritage character, established tenancy, central downtown location, and long-standing presence within the community, 183 Queen Street offers a rare opportunity to acquire a landmark asset with stable occupancy and a mix of commercial and residential income sources in one of Durham Region’s most recognized downtown districts.
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Positioned along Queen Street in downtown Port Perry, 183 Queen Street offers a rare opportunity to lease retail space within one of the community's most recognizable commercial properties. The location benefits from frontage along the town's primary retail corridor and sits near the Queen Street and Water Street intersection, placing the property within the heart of Port Perry's established shopping and service district. The building provides a retail layout with substantial visibility from the street and multiple exposure points that support customer awareness and business branding. The property's location within a well-established commercial area allows tenants to benefit from surrounding retail activity, local services, and a steady flow of residents and visitors drawn to Port Perry's historic downtown environment. On-site parking further supports customer convenience and daily operations. In addition to the main retail area, the offering includes basement storage space, providing operational flexibility for inventory, supplies, and back-of-house functions. The property's C3 zoning supports a variety of commercial uses, making it suitable for retailers seeking a prominent downtown presence. Combined with municipal services, forced-air heating, full air conditioning, and convenient access throughout the community, this location offers an established setting for businesses seeking visibility and accessibility within one of Durham Region's best-known downtown markets.
| Space | Size | Space Use | Position | Available |
| 183 | 7,200 SF | Retail | In-Line | 30 Days |
183
| Size |
| 7,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
183
| Size | 7,200 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Positioned along Queen Street in downtown Port Perry, 183 Queen Street offers a rare opportunity to lease retail space within one of the community's most recognizable commercial properties. The location benefits from frontage along the town's primary retail corridor and sits near the Queen Street and Water Street intersection, placing the property within the heart of Port Perry's established shopping and service district. The building provides a retail layout with substantial visibility from the street and multiple exposure points that support customer awareness and business branding. The property's location within a well-established commercial area allows tenants to benefit from surrounding retail activity, local services, and a steady flow of residents and visitors drawn to Port Perry's historic downtown environment. On-site parking further supports customer convenience and daily operations. In addition to the main retail area, the offering includes basement storage space, providing operational flexibility for inventory, supplies, and back-of-house functions. The property's C3 zoning supports a variety of commercial uses, making it suitable for retailers seeking a prominent downtown presence. Combined with municipal services, forced-air heating, full air conditioning, and convenient access throughout the community, this location offers an established setting for businesses seeking visibility and accessibility within one of Durham Region's best-known downtown markets.
Nearby Major Retailers
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179-191 Queen St
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