Discover this exceptional mixed use retail and multifamily property. This asset offers a seamless blend of ground-floor retail spaces and upper-level residential units and has three owned parking spaces located directly behind the building. Each residential unit has in-suite laundry and features separate meters for utilities. Pedestrian-friendly and known for its vibrant atmosphere, annual summer street closures for outdoor dining and events, and proximity to shops, restaurants, rapid transit, and amenities. A pillar in the Community Core known for its historic roots, this building is located in the heart of the city’s plan for intensification and growth. With an impressive ROI and cap rates, this property delivers a competitive value and offers a strong yield. This mixed-use gem stands out as a resilient, low-risk opportunity with potential for value add enhancements. Don't miss this chance to capitalize on this investment opportunity.
Property Type:
Commercial Sale
Property SubType:
Mixed, Building and Land
Listing General Location:
20 - City Core/Wellington, 12 - Galt East
Bedrooms:
0
Bathrooms:
-
(Full:-/Half:-)
Washrooms:
5
Lot Details:
21.5 x 154
Lot Depth:
154'46.9 m
Lot Frontage:
21'6"6.55 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick, Stone
Basement:
Partial
Foundation:
Poured Concrete, Stone
Number of Storeys:
3
Total Floor Area:
3,765 sq. ft.350 m2
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
false
No
Water St. N to Main Street.
No
Alarm System
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Zoning:
FC1RM1
Lot Site Features:
Ample Parking, City Lot, High Traffic Area, Public Transit
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No