2,500 sqft
Fully Air Conditioned
Forced Air
$799,000
Welcome to 39 Arthur Street, a rare mixed-use investment opportunity in the heart of downtown Elmira. Positioned on a prominent corner lot along one of the community's most recognizable commercial corridors, this well-maintained property offers multiple potential revenue streams through its commercial and residential components.The main floor features an established restaurant space that has operated successfully for over 20 years and includes a full commercial kitchen, large exhaust hood, ample preparation and storage areas, and a liquor licence for up to 90 seats. A portion of the restaurant's operational footprint is leased from the neighbouring property for $1,700 per month plus HST, providing valuable additional dining and functional space.The upper level contains a spacious three-bedroom apartment, offering further rental-income potential. With its proven commercial history, residential component, prominent downtown location, and long-term upside, 39 Arthur Street represents an attractive opportunity for investors seeking a versatile mixed-use asset in a desirable Waterloo Region community. (id:50787)
Property Details
|
MLS® Number
|
X13807942 |
|
Property Type
|
Retail |
|
Parking Space Total
|
4 |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
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Size Exterior
|
2500 Sqft |
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Size Interior
|
2,500 Sqft |
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Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
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Size Depth
|
83 Ft ,6 In |
|
Size Frontage
|
17 Ft ,6 In |
|
Size Irregular
|
Bldg=17.5 X 83.5 Ft |
|
Size Total Text
|
Bldg=17.5 X 83.5 Ft |
|
Zoning Description
|
C-1 |
https://www.realtor.ca/real-estate/30305023/39-arthur-street-woolwich