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21-25 Castle St 4,367 - 10,043 SF Retail Condo Units Offered at $1,480,872 - $2,412,239 CAD Per Unit in Douglas IM1 2LD

Investment Highlights
- Town centre location with nearby car park
- Two adjoining shops
- Planning for conversion of upper parts
Executive Summary
The properties occupy a prominent position on Castle Street, which forms part of the main pedestrianised shopping area in Douglas town centre and is close to the Chester Street multi-storey car park.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.
Sale Notes
The two properties are available to purchase separately or
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.
Sale Notes
The two properties are available to purchase separately or
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 21-23 | 10,043 SF | Retail | $2,412,239 CAD ($240.19 CAD/SF) | - |
| Unit 25 | 4,367 SF | Retail | $1,480,872 CAD ($339.11 CAD/SF) | - |
Unit 21-23
| Unit Size |
| 10,043 SF |
| Condo Use |
| Retail |
| Price |
| $2,412,239 CAD ($240.19 CAD/SF) |
| NOI |
| - |
Unit 25
| Unit Size |
| 4,367 SF |
| Condo Use |
| Retail |
| Price |
| $1,480,872 CAD ($339.11 CAD/SF) |
| NOI |
| - |
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Map
Unit 21-23
| Unit Size | 10,043 SF |
| Condo Use | Retail |
| Price | $2,412,239 CAD ($240.19 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.</li></ul> | |
| Sale Notes | |
| The two properties are available to purchase separately or<br> together at the following sale prices:-<br> 21-23 Castle Street £1,295,000<br> 25 Castle Street £ 795,000</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 25
| Unit Size | 4,367 SF |
| Condo Use | Retail |
| Price | $1,480,872 CAD ($339.11 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.</li></ul> | |
| Sale Notes | |
| The two properties are available to purchase separately or<br> together at the following sale prices:-<br> 21-23 Castle Street £1,295,000<br> 25 Castle Street £ 795,000</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 14,410 SF | Floors | 3 |
| Property Type | Retail | Typical Floor Size | 4,803 SF |
| Property Subtype | Storefront | Year Built | 1906 |
| Building Class | B | Lot Size | 0.14 AC |
| Total Building Size | 14,410 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 4,803 SF |
| Year Built | 1906 |
| Lot Size | 0.14 AC |
Amenities
- Bus Line
- Commuter Rail
- Signage
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Street View
Street
Map
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21-25 Castle St
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