556 James Street, Norfolk

$599,000
556 James Street

$599,000

Price Change
4d
Commercial Retail

556 James Street, Norfolk

Total Monthly Obligation $3,170

Beds
0
Baths
0
Park
0
DOM
4d
Property Type-Commercial Retail
MLS® Number-X14094460
Beds-0
Lot Size-79.42 × 114.27 ft
Listed on site-Oct 19, 2026
Building Type-Commercial Retail
Taxes-$4,544 (2025)
Parking-Outside/Surface
Heating-Baseboard
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-No
Fireplace-No
Pool-None
Possession-TBA
Neighbourhood-Delhi
Title-Commercial

No agent assigned

Exceptional opportunity to own a versatile MULTI-USE COMMERCIAL PROPERTY in the heart ofDelhi! Situated on a generous 0.208-acre lot with approximately 80 feet of frontage, thisfreehold property offers an excellent combination of commercial and residential space, makingit ideal for investors, entrepreneurs, and owner-operators. The property features tworesidential living areas with a total of 4 bedrooms and 2 kitchens, including 2 bedroomsupstairs and 2 bedrooms in the fully finished basement. Additionally, approximately 600 sq.ft. of dedicated retail space provides an excellent opportunity to establish a business orgenerate additional rental income. All three units feature separate electrical meters, withfurnaces installed for added convenience and independent utility management. Zoned CS, thismulti-use property offers flexibility for a variety of commercial and residentialopportunities, subject to municipal approvals. Conveniently located near local amenities,shopping, and major routes. Whether you're looking to operate your own business, expand yourreal estate portfolio, or explore multiple income streams, this property offers outstandingpotential. Don't miss this unique investment opportunity in Delhi! Buyers to verify zoning,permitted uses, and legal unit status.

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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,170/mo
Mortgage $2,416
Monthly Loss $2,534
Principal$636
Interest$1,780
Property Tax$379
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 556 James Street

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