48 Ontario Ave Elliot Lake, Ontario P5A 1Y1
$290,000
Income-generating mixed-use opportunity in central Elliot Lake. This property features over 1,000 sq.ft of main-floor commercial space plus over a 1,000 sq.ft two bedroom apartment above-offering strong potential for investors or owner-operators. The upper unit is a bright, open-concept 2-bedroom apartment, capable of generating approximately $1,000/month in rental income. The main-floor commercial space includes: Dedicated washroom, Basement storage, Flexible layout suitable for a variety of business uses. Zoned for mixed-use, the property offers excellent upside for : Retail or service-based businesses, Live/work ownership, Investors seeking dual-income streams. A great opportunity to add value through leasing or customizing the commercial space. (id:63476)
Business
| Business Type | Other, Residential |
| Business Sub Type | Offices, Residential |
Property Details
| MLS® Number | SM260878 |
| Property Type | Other |
| Community Name | Elliot Lake |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Features | Office Space, Energy Efficient |
| Structure | Workshop |
Building
| Age | Over 26 Years |
| Amenities | Living Accommodation, Storefront, Street Lighting |
| Basement Type | Full |
| Exterior Finish | Aluminum Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Space Heater |
| Size Interior | 2,000 Sqft |
| Utility Water | Municipal Water |
Parking
| Other | |
| Surfaced |
Land
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 28.7000 |
| Size Total Text | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
Contact Us
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July 31 2026 07:46:57
Sault Ste. Marie Real Estate Board
Royal LePage® Mid North Realty Elliot Lake