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$ 1,299,888
Est. payment | /mo
10,000 SqFt
$ 1,299,888
Est. payment | /mo
10,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $129
Subdivision Aylmer
MLS Listing ID X14087934
Annual Tax Amount $14,615
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Exceptional investment opportunity in the heart of Aylmer! This freestanding, mixed-use commercial/residential building, zoned C1, offers approximately 10,000 sq. ft. of versatile space with tremendous income potential. The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income. The remaining 50% has been gutted and offers an opportunity for customization, with plans previously envisioned for a coin-operated laundromat and ample electrical capacity already in place. The second floor features 18 self-contained bachelor units, with vacant possession to be provided to the new owner on completion date. Additional highlights include ample side parking and street parking, newer flat and sloped roofing, a newer furnace, and updated plumbing with PVC piping. An outstanding opportunity for investors, developers and entrepreneurs seeking a property with multiple income streams and exciting potential to add value. Explore the possibilities this unique property has to offer!
Location
Province ON
County Elgin
Area Elgin
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 94.62
Lot Depth 132.0
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 LEGACY LTD.
Nearby Locations
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YHSGR Canada
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