34 Queen Street W Elmvale, Ontario L0L 1P0
$799,900
Introducing an exceptional COMMERCIAL and MULTI-RESIDENTIAL property located at 34 Queen Street West in the heart of downtown Elmvale. This remarkable building and land combination offers an incredible investment opportunity that is sure to captivate the savvy investor. Encompassing a generous 3600 square feet, this property is available for sale and presents a lucrative prospect for those looking to expand their portfolio. The storefront (1-2 units) boasts a thriving commercial space, currently tenanted by a successful business. The multi-residential, consisting of five (5) residential units, is fully occupied with great tenants, ensuring a reliable source of rental income. With its strategic downtown location, this property benefits from two road frontages, granting maximum exposure and accessibility. The abundance of parking at the rear of the property ensures convenience for both residents and staff parking for business. The General Commercial (CG) Zoning of this property allows for residential and a range of non-residential uses, providing endless possibilities for customization and expansion to suit your specific needs. Investing in this property promises not only a profitable venture but also the potential for long-term growth. With a healthy capitalization rate, this opportunity is perfect for those seeking a stable return on investment. Don't miss out on this remarkable commercial and multi-residential property that offers a perfect blend of income generation and growth potential. (id:35870)
Property Details
| MLS® Number | 40493019 |
| Property Type | Office |
| Community Features | High Traffic Area |
| Features | Southern Exposure, Visual Exposure, Paved Driveway |
| Parking Space Total | 8 |
Building
| Basement Type | Partial |
| Construction Material | Wood Frame |
| Exterior Finish | Vinyl Siding, Wood |
| Stories Total | 2 |
| Size Exterior | 3600.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 167 Ft |
| Size Frontage | 46 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cg |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26121979/34-queen-street-w-elmvale
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October 20 2023 02:23:57
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
RE/MAX By The Bay Brokerage