Incredible live/work and investment opportunity in the growing Arthur market with this unique, turnkey 5-unit mixed-use property that was completely rebuilt from the foundation up in 2022. The building features a commercial storefront, four residential suites (including a spacious open-concept two-bedroom with a large balcony, one-bedroom units, and a bachelor suite), an attached garage, and the rare capacity to add additional units. Because the property was rebuilt after 2018, the residential units are exempt from rent control, offering exceptional ROI potential for the new owner to set market rates right out of the gate. Currently occupied entirely by the seller and their family, the building will be offered with vacant possession on closing, making it a perfect blank canvas for an investor or an owner-operator. Full financials are available upon request. (id:4555)
PROPERTY SPECS
Price $975,000
City Arthur, Ontario
Address 270 GEORGE Street
Listing ID 40818742
Square Footage 2795
Parking 9.00
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeOtherCommunity FeaturesQuiet Area, High Traffic Area, School Bus, Industrial ParkOwnershipFreeholdBasementFullSewerMunicipal sewage systemParking9.00