Space
Finished area and layout
- Building Area
- 5,000 sqft





South Bruce, On, N0G 2S0
Property Snapshot
MLS #X13721288
Finished area and layout
Type, style and structure
Land, frontage and setting
This store w apt/office in South Bruce offers 5,000 sqft of building area on a 5000 lot. The property has zoned C1. The home features partial.
INVESTORS - TAKE A CLOSER LOOK AT THE NUMBERS. This mixed-use property in the heart of Teeswater combines immediate residential income with significant commercial upside. Four residential apartments are fully occupied, generating $6,000 per month / $72,000 per year in current gross rental income. The approximately 2,500 sq. ft. commercial component offers the opportunity to generate an additional $30,000 annually when fully leased, bringing potential total gross income to approximately $102,000 per year. At the current asking price of $549,000, that's a compelling income opportunity. The commercial space is being offered at $7.00/sq. ft. plus approximately $5.00/sq. ft. TMI and may also appeal to an owner/operator looking to run a business while the four apartments help carry the property. Approximately 5,000 sq. ft. in total with C1 zoning and a prominent Clinton Street location. Buy the existing income and unlock the commercial potential. (id:60351)
Middle of town on the Main Street
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Price, taxes and monthly charges
Listed by PERRY CASKANETTE, SUTTON GROUP - SELECT REALTY INC.
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Listed by PERRY CASKANETTE, SUTTON GROUP - SELECT REALTY INC. · MLS# X13721288
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