408 QUEEN STREET, North Huron (Blyth)

$519,900

For sale: Other

Other at 408 QUEEN STREET, North Huron (Blyth)
Property type
Store W Apt/Office
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13657266
Neighbourhood
Blyth

An exceptional turn-key investment opportunity in the heart of historic downtown Blyth! This beautifully restored, fully occupied mixed-use freehold building offers stable, immediate income and endless future potential with two established tenancies. The main floor features a long term reliable government office tenant with an extended lease through 2030 ($34,792/yr income). The upper level boasts a spacious 3-bedroom residential furnished apartment with a conscientious long-term tenant. Total gross income of $47,000+/yr with low operating costs. Extensively renovated with major mechanical updates, 2022 natural gas conversion, 2023 facade refresh, and a brand new membrane roof with seamless eavestroughs in 2026. Prime location directly across from the renowned Blyth Festival Theatre and minutes from Cowbell Brewing, the G2G Rail Trail, and Lake Huron beaches. Future potential to optimize residential rents or convert the upper unit to short-term tourist accommodation (subject to bylaws). Invest with Confidence. ENJOY dependable turn-key cash flow!

Sold data

Homes in North Huron (Blyth) — recent sold market

Homes in North Huron (Blyth) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 81, across 76 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $499,700.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$499,700
Sale-to-list ratio
96.5%
Sold above asking
8%

Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 408 QUEEN STREET