3,200 ft2
None
Forced Air
$799,000
Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor.The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented. A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality.With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates. An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core. (id:50976)
Property Details
|
MLS® Number
|
X12711804 |
|
Property Type
|
Business |
|
Community Name
|
NW |
Building
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
3200 Sqft |
|
Size Interior
|
3,200 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
156 Ft |
|
Size Frontage
|
33 Ft ,4 In |
|
Size Irregular
|
Bldg=33.4 X 156 Ft |
|
Size Total Text
|
Bldg=33.4 X 156 Ft |
|
Zoning Description
|
C1 |
https://www.realtor.ca/real-estate/29268892/79-front-street-w-strathroy-caradoc-nw-nw
