$529,000
Fully Air Conditioned
Forced Air
Excellent investment opportunity in the heart of downtown Mildmay! This well-maintained commercial/residential property features three income-generating units, including two street-level spaces and a spacious residential two bedroom, one bathroom apartment upstairs. Recent updates throughout the property include an updated electrical panel and new pot lights throughout the residential unit. The retail unit has also been upgraded with new windows, providing improved natural light and a fresh, updated appearance. This property comes with a flexible financing opportunity as the Seller is open to entertaining a Vendor Take-Back (VTB) mortgage, offering an attractive option for qualified buyers. All units are fully tenanted, providing immediate and consistent rental income. Located in a high-visibility area with great foot traffic, this versatile building is perfect for investors looking to grow their portfolio with a stable, turnkey property. Don't miss out on this rare chance to own a solid income-producing asset in a vibrant small-town setting! (id:36109)
Property Details
|
MLS® Number
|
X13415156 |
|
Property Type
|
Retail |
|
Community Name
|
South Bruce |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
2 |
|
Appliances
|
Dryer, Washer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
3,400 Ft2 |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Size Depth
|
132 Ft |
|
Size Frontage
|
24 Ft ,6 In |
|
Size Irregular
|
24.5 X 132 Ft |
|
Size Total Text
|
24.5 X 132 Ft |
|
Zoning Description
|
C1 |