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$ 799,000
Est. payment | /mo
2,500 SqFt
$ 799,000
Est. payment | /mo
2,500 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $319
MLS Listing ID X13807942
Annual Tax Amount $2,168
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Welcome to 39 Arthur Street, a rare mixed-use investment opportunity in the heart of downtown Elmira. Positioned on a prominent corner lot along one of the community's most recognizable commercial corridors, this well-maintained property offers multiple potential revenue streams through its commercial and residential components.The main floor features an established restaurant space that has operated successfully for over 20 years and includes a full commercial kitchen, large exhaust hood, ample preparation and storage areas, and a liquor licence for up to 90 seats. A portion of the restaurant's operational footprint is leased from the neighbouring property for $1,700 per month plus HST, providing valuable additional dining and functional space.The upper level contains a spacious three-bedroom apartment, offering further rental-income potential. With its proven commercial history, residential component, prominent downtown location, and long-term upside, 39 Arthur Street represents an attractive opportunity for investors seeking a versatile mixed-use asset in a desirable Waterloo Region community.
Location
State ON
County Waterloo
Area Waterloo
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 17.5
Lot Depth 83.5
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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