$2,600,000
About this Business
Located in a highly desirable area, this mixed-use property presents a unique opportunity for investors and business owners alike. Comprising 10 residential units and 2 commercial units, including a well-established restaurant, the property is poised for steady rental income and long-term growth. The 10 fully leased residential units provide consistent rental income, while the one vacant commercial space offers the opportunity for further revenue growth. With its HM-1 zoning, the property is highly versatile, offering opportunities for a range of commercial uses, from retail or office spaces. This flexibility, combined with the recent upgrades and well-maintained units, makes the property an attractive and sound investment. Street parking is available directly in front of the building for customers and visitors, and a 10-spot parking lot is located on the one side, and 2 parking spots on the right side of the building, ensuring ample parking for residents and businesses alike. Whether you're looking to expand your portfolio or seeking a property with solid income potential and room for growth, this mixed-use building offers both immediate returns and future upside. (id:14735)
More About The Location
Queen Street to Dalhousie
Listed by Royal LePage Brant Realty.
Brought to you by your friendly REALTORS® through the MLS® System and TDREB (Tillsonburg District Real Estate Board), courtesy of Brixwork for your convenience.
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Features
- Type: Business
- Size: 15,000 sqft
- $/SQFT: $173.33