$113.88 Per Sq Foot $4,562 est/mo Sourced by Back At You

65 Maitland Terrace,Strathroy, ON N7G 1L2

Strathroy ON, N7G 1L2

Share with a friend

Description

Investors, take note of this incredible opportunity presented by a commercial/residential building! Located in a prime spot near the downtown core, this property in the thriving Town of Strathroy holds immense potential. Boasting nearly 6000 sq ft of commercial space and 12 parking spaces, it offers a significant advantage for those looking to own an income-generating property. The main floor features 12 ft ceilings with fire-rated drywall and is currently operating as a restaurant. However, it can easily be transformed into a personal care service, pharmacy, medical clinic, club, event hall, and more. Constructed approximately 18 years ago, the property also includes a separate entrance leading to a 2100 sq ft apartment. This apartment comprises 4 bedrooms, 2 baths, a living room, updated flooring, its own heating and cooling system, and a spacious patio that has the potential to generate $2800 to $3000 per month. With two separate entrances on the main floor, there is even an opportunity to partition a section of the building for additional income potential. Additional features of the property include an 8’ x 14’ walk-in cooler, ample storage, all-new electrical wiring (3 phase 120V/208V), and a split A/C-heat pump system that serves the main floor. For more information, please reach out to me directly.

Details

MLS#40572787
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1993
Days On Site86
Listing Provided ByBLUE FOREST REALTY INC. | Dina Rato

Features

SQ Feet7,463
Car PortYes
Story(s)2
ZoningC-1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 30 minutes ago
ProvinceON
CountyMiddlesex
CityStrathroy
Postal CodeN7G 1L2
Area7 Strathroy Caradoc
SubareaSW
Community NameSW
Listing VS Median (in SW)
Price:
$849,900
low | high
Med:
$549,900
85.298270384751% of Average
SqFt:
7,463
low | high
Med:
2,321
100% of Average
$ / SqFt:
$114
low | high
Med:
$237
58.04351922387% of Average
On Site:
86
low | high
Med:
68.000000
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2024 at 9:40:24 AM PDT