ON > Bluewater > Zurich
Bluewater, ON N0M 2T0,41 Main ST E
Bluewater, ON N0M 2T0,41 Main ST E
Bluewater, ON N0M 2T0,41 Main ST E
Bluewater, ON N0M 2T0,41 Main ST E
Bluewater, ON N0M 2T0,41 Main ST E
Bluewater, ON N0M 2T0,41 Main ST E
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 699,900
Est. payment | /mo

9 Beds

5 Baths

7,385 SqFt

Save
$ 699,900
Est. payment | /mo
Save

9 Beds

5 Baths

7,385 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,385 sqft

Price per Sqft $94

Subdivision Zurich

MLS Listing ID X11984199

Bedrooms 9

Building Age 100+

Annual Tax Amount $4,822

Tax Year 2024

Property Sub-Type Investment

Property Description

EXCEPTIONAL INVESTMENT VALUE IN RURAL ONTARIO w/ THE ICONIC ZURICH, ON HOTEL PROPERTY | 3 LARGE APARTMENTS + COMMERCIAL RESTAURANT UNIT | MASSIVE LIST OF UPDATES BY CURRENT & PREVIOUS OWNERS | 7385 SQ FT + BASEMENT | NO HERITAGE RESTRICTIONS! Experience excellent exposure & convenience w/ 222' fronting Zurich's primary intersection at this epic corner site. The restaurant unit will come almost fully equipped as most chattels & equipment are owned w/ the building (not tenant's), & vacancy may be available for someone looking to be an owner & also an operator at this value driven commercial site. Just to name a few amenities, this well designed commercial restaurant space, historically licensed w/ the LCBO for 68 seats, comes w/ a full commercial kitchen, hood, bar area, walk-in cooler, & 2 proper washrooms w/ 2 stalls in each + 2 urinals. In addition to the bright & vibrant commercial unit, there are 3 generous residential apartments (see floorplan photos) providing a total of 9 bedrooms & 3 more washrooms plus laundry, & there is a boatload of storage space in between the units & also in the vast & bone dry basement. With .346 acres providing ample ON SITE parking & impressive yard space for your residential tenants, this one has it all, & the 2 upper level apartments were just vacated & are now 97% renovated for a new owner to move in tenants (or short term renters) of their choosing & maximize rental income. Notably, AirBnB/hotel style accommodations at the original Zurich Hotel may be a viable option! The large ground level apartment is currently bringing in $1500/month w/ extremely reliable & long-term tenants & the restaurant unit brings in $2000/month + utilities. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. This property could cap very nicely! Just a 15 min drive to Grand Bend or Exeter & barely 45 to London & 25 to Goderich, this hot spot by the lake is begging for a RE-INVENTION!

Location

Province ON

County Huron

Community Zurich

Area Huron

Rooms

Kitchen 0

Interior

Cooling Partial

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 222.0

Lot Depth 132.0

Building

New Construction false

Listed by ROYAL LEPAGE TRILAND REALTY
agent-avatar

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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41 Main ST E