2,200 sqft
None
Forced Air
$799,000
Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor.The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented. A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality.With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates. An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core. (id:63476)
Property Details
|
MLS® Number |
X13638130 |
|
Property Type |
Business |
|
Community Name |
NW |
Building
|
Cooling Type |
None |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Exterior |
2200 Sqft |
|
Size Interior |
2,200 Sqft |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
156 Ft |
|
Size Frontage |
33 Ft ,4 In |
|
Size Irregular |
Bldg=33.4 X 156 Ft |
|
Size Total Text |
Bldg=33.4 X 156 Ft |
|
Zoning Description |
C1 |