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$ 2,499,900
Est. payment | /mo
8,530 SqFt
$ 2,499,900
Est. payment | /mo
8,530 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,530 sqft
Price per Sqft $293
Subdivision Arthur
MLS Listing ID X12435379
Annual Tax Amount $15,923
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Amazing Investment Opportunity! This mixed-use property features seven (7) refreshed residential units and a main floor commercial space that is already leased out to a Restaurant (restaurant business not included in sale), ensuring immediate rental income. A bottle and can return business contracted with the Beer Store adds another steady revenue stream. Recent upgrades include a new roof (2023), newer windows (2020/2023), front aluminum fascia (2023), new electrical on the upper floor (2023), and updated fire alarms (2023). The upper floor has been enhanced with new tiles and luxury waterproof vinyl flooring, while kitchens have been modernized with updated cabinets, quartz countertops, and quartz backsplash. Bathrooms have also been updated, providing a fresh and stylish finish throughout. Additional features include Wi-Fi extenders, security cameras, and exterior lighting for safety and convenience. The property also offers ample parking at the rear for both tenants and customers, as well as an on-site coin laundry and dryer. With multiple income streams and significant recent capital improvements, this property is a true turn-key investment you wont want to miss!
Location
Province ON
County Wellington
Community Arthur
Area Wellington
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 159.88
Lot Depth 130.5
Others
Security Features No
Listed by RE/MAX EXCELLENCE REAL ESTATE
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