Large mixed use commercial/residential building with a premium Main Street location in beautiful Ridgetown. 2 street level storefronts, 3 residential apartments on the second floor, and a full basement. The larger storefront is approx 1200 square feet, bright and updated with a 2pc bathroom and is occupied by a seasonal ice cream shop ($1200/month). The second main floor unit is approximately 700 square feet with an exposed brick wall, restored tin ceiling, and a 2pc bath, rented to a vape shop ($750/month). There is a roughly 900 square foot addition at the back of the main floor that could be finished into more rentable commercial space or living accommodations. The 3 bedroom apartment is very spacious and nicely updated with a beautiful kitchen, 4pc bathroom, tall ceilings, large rooms throughout and in-suite laundry ($1400/month). The 2 bedroom apartment is also updated with 4pc bathroom ($1200/month). The 1 bedroom apartment is a great bachelor pad with a 4 pc bathroom ($725/month). Total yearly income $63,300. Recent updates: brick facade repointed, upper windows, furnace/ac, back addition roof. A fantastic investment opportunity is a growing small town. Call now! (id:4069)
Address
35 Main STREET West
List Price
$549,000
Property Type
Industrial
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Ridgetown
Lot Size
41.65 X / 0.107 AC Sq. Ft.
Year Built
1890
MLS® Number
26004693
Listing Brokerage
ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage
Postal Code
N0P1C0
Zoning
UC(CBD)
Ownership
Freehold
Features
Visual exposure
Heat Source
Electric, Natural gas
Heat Type
Baseboard heaters, Furnace
Cooling Features
Central air conditioning
