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9 QUEEN ST W ELMVALE ON Elmvale (ELMVALE, Ontario, CA - L0L 1P0) Built

$385,999
REDUCED1

Realty Executives On The Bay Inc. Brokerage

Grace Kidd & Rob Heming Grace Kidd & Rob Heming 705-361-9283 (Office) 1-877-361-9283 (Office) 705-321-4924 (Cell) 705-361-3659 (Fax) Request More Info

  • Type: Multifamily
  • Style: 2 Story
  • Bedrooms: 3 "1 BEDROOM APT & 2 BEDROOM APT"
  • Bathrooms: 4 "Two 2 PC's on main leveland 2 4 PC's on second level"
  • Size: 6,240 sq. ft.
  • Lot Type: Rectangular
  • Lot Size: 66ft x 165ft
  • Year Built: n/a "ORIGINAL BRICK BUILDING MORE THAN 50 YEARS"
  • Taxes: $8,115.00 (2017)
  • MLS ® #: 1719708

Description

KNOWN AS THE BROWN BUILDING THIS 6,240 SQ.FT. COMMERCIAL/RESIDENTIAL BUILDING, LOCATED IN DOWNTOWN ELMVALE, IS NOW ON THE MARKET FOR THE FIRST TIME IN MANY YEARS. THE BUILDING HAS 2 COMMERCIAL/RETAIL UNITS FRONTING ON QUEEN ST WITH ONE @ 2,356 SQ.FT.& ONE @ 698 SQ.FT. THERE IS A THIRD UNIT OFF THE REAR PARKING WITH A 630 SQ.FT. COMMERCIAL KITCHEN WITH WALK IN COOLER, FREEZER & APPLIANCES (AS IS). THE SECOND STORY RES UNITS FEATURE A 890 SQFT 2 BEDRM APT WITH 4 PC BATH, LARGE DINING & FAMILY RM, SUNRM & WALK OUT TO A GREAT ROOF TOP PATIO. THE OTHER APT IS A 405 SQFT. 1 BEDRM WITH 4 PC BATH & ACCESS TO THE ROOF TOP PATIO. ONLY ONE OF THE COMMERCIAL/RETAIL UNITS IS CURRENTLY OCCUPIED WITH ALL OTHER UNITS VACANT ALLOWING A GREAT OPPORTUNITY TO GET NEW TENANTS WITH NEW RATES. NEW ROOF & AC IN 2015 & NEW GAS FA FURNACE INSTALLED FOR ONE OF THE RETAIL UNITS IN 2016. THERE IS A FULL UNFINISHED BASEMENT WITH SMALL FINISHED OFFICE AREA AND TONS OF STORAGE. LOTS OF POTENTIAL WITH THIS PROPERTY!

Attachments

P2#254481820
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