10,000 sqft
Partially Air Conditioned
Coil Fan, Forced Air
$1,299,888
Exceptional investment opportunity in the heart of Aylmer! This freestanding, mixed-use commercial/residential building, zoned C1, offers approximately 10,000 sq. ft. of versatile space with tremendous income potential. The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income. The remaining 50% has been gutted and offers an opportunity for customization, with plans previously envisioned for a coin-operated laundromat and ample electrical capacity already in place. The second floor features 18 self-contained bachelor units, with vacant possession to be provided to the new owner on completion date. Additional highlights include ample side parking and street parking, newer flat and sloped roofing, a newer furnace, and updated plumbing with PVC piping. An outstanding opportunity for investors, developers and entrepreneurs seeking a property with multiple income streams and exciting potential to add value. Explore the possibilities this unique property has to offer! (id:63476)
Property Details
|
MLS® Number |
X14087934 |
|
Property Type |
Retail |
|
Community Name |
Aylmer |
|
Farm Type |
Other |
|
Parking Space Total |
10 |
Building
|
Cooling Type |
Partially Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Coil Fan, Forced Air |
|
Size Interior |
10,000 Sqft |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
132 Ft |
|
Size Frontage |
94 Ft ,7 In |
|
Size Irregular |
94.62 X 132 Ft |
|
Size Total Text |
94.62 X 132 Ft |
|
Zoning Description |
C1 |