Commercial Real Estate in Centre Hastings available for sale
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Bank for Sale near Centre Hastings

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Retail Spaces for Sale Within of Centre Hastings

More details for 42 Durham St, Madoc, ON - Retail for Sale

42 Durham St

Madoc, ON K0K 2K0

  • Retail for Sale
  • $3,125,000 CAD
  • 6,695 SF
  • Air Conditioning
  • Wheelchair Accessible
  • Smoke Detector

Madoc Retail for Sale

Extensively renovated retail building comprising a 6,695 SF Dollarama store, fully upgraded in 2025 to the tenant's newest prototype standards. Brand-new 15-year corporate lease with Dollarama L.P., with the store opening in October 2025. National covenant with roughly 1,700 stores across Canada. Located in the heart of downtown Madoc along the primary commercial corridor. The property also includes a separately leased three-bedroom apartment at the rear, providing supplementary income (representing approx. 3.50% of base rental income). Strong long-term investment supported by a top national discount retailer with a proven track record of resilience and market performance in challenging economic conditions. This asset offers investors a secure and passive income stream underpinned by one of Canada's top-performing retailers.

Contact:

Lennard Commercial Realty

Property Subtype:

Freestanding

Date on Market:

2025-11-25
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