5,647 ft2
$1,699,900
TURNKEY MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF GRIMSBY! An excellent opportunity to acquire a fully tenanted mixed-use investment property in Downtown Grimsby. Featuring a strong mix of established commercial and residential tenants, providing diversified income and long-term investment stability. The property has benefited from significant capital improvements, including updated mechanicals, roofing/decking and landscaping, helping reduce near-term capital requirements. Excellent visibility, ample parking, easy highway access and a highly walkable downtown location add to the long-term appeal for both commercial and residential tenants. A well-positioned, income-producing asset in a growing Niagara community with strong long-term hold potential. This property is being offered exclusively together with the neighbouring property and both must be purchased as one transaction. (id:50976)
Property Details
|
MLS® Number
|
40858926 |
|
Property Type
|
Other |
|
Amenities Near By
|
Hospital, Marina |
|
Community Features
|
High Traffic Area |
|
Features
|
Visual Exposure, Paved Driveway |
|
Parking Space Total
|
7 |
Building
|
Basement Type
|
Partial |
|
Constructed Date
|
1990 |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Stories Total
|
3 |
|
Size Exterior
|
5647.0000 |
|
Size Interior
|
5,647 Ft2 |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Marina |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
131 Ft |
|
Size Frontage
|
50 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C3 |
https://www.realtor.ca/real-estate/30210608/12-ontario-street-grimsby