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$2,750,000
Est. payment /mo
3,842 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,842 sqft
Price per Sqft $715
Subdivision 108 - Virgil
MLS Listing ID X12007950
Annual Tax Amount $11,483
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 254.71
Lot Front 64.89
Property Description
A rare opportunity to own a mixed-use building in a high-visibility location. This two-storey property features a brand-new residential unit upstairs and a spacious commercial space on the main floor, making it an excellent investment for business owners, landlords, or those looking for a live-work opportunity.The top-floor residential unit has been completely gutted to the studs and rebuilt with all-new electrical, bathrooms, flooring, kitchen, laundry, and insulation. Every detail has been updated, creating a move-in-ready space with modern finishes. Offering approximately 1,500 sq. ft. of bright and comfortable living space, this unit is ideal for an owner-occupier or as a rental income source.The main-floor commercial space spans 2,300 sq. ft., with a 9-ft ceiling, one 2-piece bathroom, and an open-concept layout suitable for a variety of businesses, from retail to office or service-based industries. The space includes gas heating and a wall-unit air conditioner for year-round comfort. With excellent street frontage along a busy route and 4-6 parking spots (with the potential for more at the back), this location offers prime exposure for a business looking to establish itself in a thriving area. The property was home to a successful convenience store for over 25 years, proving its value as a business location.This is a fantastic investment opportunity in a high-demand area, just minutes from Niagara-on-the-Lakes renowned wineries, shops, and attractions. Whether you're looking to run a business, rent out both units, or live upstairs while leasing the commercial space, this property offers flexibility and income potential. Contact us today for more details or to schedule a viewing.
Location
Province ON
County Niagara
Community 108 - Virgil
Area Niagara
Zoning C1
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 64.89
Lot Depth 254.71
Others
Security Features No
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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE