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Ryan Schinker

ryan@soldbyschinker.com +1(519) 807-8485

Listed by Jason Barry • Keller Williams Complete Realty

$ 975,000

Est. payment | -/mo

2,795 SqFt

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$ 975,000

Est. payment | -/mo

Save

2,795 SqFt

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,795 sqft

Price per Sqft $348

MLS Listing ID 40818742

Abv Grd Liv Area 2,795

Annual Tax Amount $8,802

Property Sub-Type Mixed,Building and Land

Source Cornerstone

Property Description

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.

Location

State ON

County Wellington

Area Wellington North

Zoning C1

Direction Driveway off George St and Frances St East

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Lot Frontage 61.96

Garage No

Building

Lot Description Ample Parking, High Traffic Area, Industrial Park, Open Spaces, Public Parking, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby

Faces Driveway off George St and Frances St East

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Stucco

New Construction No

Others

Senior Community No

Tax ID 711030013

Ownership Freehold/None

Nearby Locations

Ryan Schinker

Agent

+1(519) 807-8485 | ryan@soldbyschinker.com

270 George Street Arthur, ON N0G 1A0

Ryan Schinker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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270 George Street