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$949,999
Est. payment /mo
4 Baths
4,295 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,295 sqft
Price per Sqft $221
Subdivision Rockwood
MLS Listing ID X12203293
Building Age 51-99
Annual Tax Amount $5,640
Tax Year 2025
Property Sub-Type Store W Apt/Office
Lot Depth 132.0
Lot Front 38.0
Property Description
An absolute steal in downtown Rockwood, this property is priced to move and the sellers are motivated to work with serious buyers to get a deal done. With a projected cap rate of 6.41% at the new list price of $949,999, this fully tenanted, freestanding mixed-use building at 126 Main Street South delivers strong, stable income and long-term investment potential. The property generates $60,925 in net operating income from three separate units: a main floor commercial space on a five-year lease, a spacious three-bedroom apartment on the second floor, and a well-kept two-bedroom basement unit. Each space offers in-suite laundry and individual heating controls, providing comfort and autonomy for tenants. The lot includes four dedicated parking spaces at the rear, with ample street parking nearby. Zoned C1 under Guelph/Eramosa, the building accommodates a wide range of commercial uses, and its high-visibility location adds to its appeal. A recent pre-inspection is available to serious buyers, making this a turnkey opportunity for investors seeking dependable returns in a growing community.
Location
Province ON
County Wellington
Community Rockwood
Area Wellington
Zoning C1
Interior
Cooling Yes
Inclusions See Attachments For Inclusions
Exterior
Utilities Available Available
Lot Frontage 38.0
Lot Depth 132.0
Others
Security Features No
Virtual Tour https://youriguide.com/pist2_126_main_st_s_rockwood_on/
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Listed by RE/MAX Escarpment Realty Inc
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