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$ 549,000
Est. payment | /mo
$ 549,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 26004693
Year Built 1890
Property Sub-Type Freehold
Property Description
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, currently vacant (was last rented for $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). Potential total yearly income over $63,000. Recent updates: brick facade repointed, upper windows, brand new rooftop heating and cooling unit (2026), back addition roof and siding. A fantastic investment opportunity is a growing small town. Call now! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Furnace, ,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage
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