207/209 Main Street E Central Elgin, Ontario N5L 1C4
$1,195,000
Prime Downtown Location for Sale! This versatile 4-unit, mixed-use property offers a 3,000 sq/ft 1.5-story structure, with 2 commercial units at the front and 2 residential units at the back. Each residential unit has two levels, private patios, separate entrances, and parking. All tenants are on month-to-month leases. A single retailer rents both commercial spaces, which include an unfinished basement for storage, laundry and a staff washroom. The South residential unit (207) approx 1,100sq/ft and features a loft-style 1-bedroom + den with vaulted ceilings, skylight and a private back patio. The North residential unit(209) approx 820 sq/ft and offers an open kitchen, living and dining space leading to a private patio, two bedrooms and a four-piece bathroom upstairs. Building improvements include a new metal roof (2019) updated furnaces (2019 & 2021) hot water tanks(2020 & 2022), and separate hydro meters. Not heritage-designated, this property offers potential for future development **** EXTRAS **** 60 days written notice for Residential units vacant possession, 30 days written notice for Commercialunits vacancy. If assuming the tenants possession can be immediate. Offers anytime, Please give a 24 hr irrevocable. (id:50787)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X8322268 |
| Property Type | Retail |
| Community Name | Port Stanley |
| Amenities Near By | Recreation |
| Parking Space Total | 14 |
Building
| Bathroom Total | 3 |
| Appliances | Dryer, Refrigerator, Stove, Two Stoves, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2895 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Size Irregular | 90 X 144 Ft |
| Size Total Text | 90 X 144 Ft |
https://www.realtor.ca/real-estate/26871315/207209-main-street-e-central-elgin-port-stanley
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May 14 2024 06:01:26
Toronto Real Estate Board
Streetcity Realty Inc., Brokerage