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$ 2,750,000
Est. payment | /mo
3,842 SqFt
$ 2,750,000
Est. payment | /mo
3,842 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,842 sqft
Price per Sqft $715
Subdivision 108 - Virgil
MLS Listing ID X12007950
Annual Tax Amount $11,483
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
A rare opportunity to own a mixed-use building in a high-visibility location. This two-storey property features a brand-new residential unit upstairs and a spacious commercial space on the main floor, making it an excellent investment for business owners, landlords, or those looking for a live-work opportunity.The top-floor residential unit has been completely gutted to the studs and rebuilt with all-new electrical, bathrooms, flooring, kitchen, laundry, and insulation. Every detail has been updated, creating a move-in-ready space with modern finishes. Offering approximately 1,500 sq. ft. of bright and comfortable living space, this unit is ideal for an owner-occupier or as a rental income source.The main-floor commercial space spans 2,300 sq. ft., with a 9-ft ceiling, one 2-piece bathroom, and an open-concept layout suitable for a variety of businesses, from retail to office or service-based industries. The space includes gas heating and a wall-unit air conditioner for year-round comfort. With excellent street frontage along a busy route and 4-6 parking spots (with the potential for more at the back), this location offers prime exposure for a business looking to establish itself in a thriving area. The property was home to a successful convenience store for over 25 years, proving its value as a business location.This is a fantastic investment opportunity in a high-demand area, just minutes from Niagara-on-the-Lakes renowned wineries, shops, and attractions. Whether you're looking to run a business, rent out both units, or live upstairs while leasing the commercial space, this property offers flexibility and income potential. Contact us today for more details or to schedule a viewing.
Location
Province ON
County Niagara
Community 108 - Virgil
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 64.89
Lot Depth 254.71
Others
Security Features No
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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.