TURNKEY MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF GRIMSBY! An excellent opportunity to acquire a fully tenanted mixed-use investment property in Downtown Grimsby. Featuring a strong mix of established commercial and residential tenants, providing diversified income and long-term investment stability. The property has benefited from significant capital improvements, including updated mechanicals, roofing/decking and landscaping, helping reduce near-term capital requirements. Excellent visibility, ample parking, easy highway access and a highly walkable downtown location add to the long-term appeal for both commercial and residential tenants. A well-positioned, income-producing asset in a growing Niagara community with strong long-term hold potential. This property is being offered exclusively together with the neighbouring property and both must be purchased as one transaction. (id:4069)
Address
12 ONTARIO Street
List Price
$1,699,900
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
Ontario
Sub-Area
Grimsby
Floor Area
5,647 Sq. Ft.
Lot Depth
131 ft
Frontage Length
50 ft
Year Built
1990
MLS® Number
40858926
Listing Brokerage
Your Home Sold Guaranteed Realty Elite
Basement Area
Partial
Postal Code
L3M3G9
Zoning
C3
Ownership
Freehold
Parking Places (Total)
7
Site Influences
Hospital, Marina
Features
Visual exposure, Paved driveway
Community Features
High Traffic Area
Number Of Floors In Building
3
Water Source
Municipal water
Access To Property
Highway access
Sewer
Municipal sewage system
