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$1,499,000
Available - For Sale
Listing ID: X11975131
Prime Retail/Office/Commercial/Residential Mixed-Use Building in BELMONT ON. Excellent Investment Opportunity. Located directly on the corner of Union St. & Belmont Rd. Free standing building. Two Storeys plus attached lower level. Total Building: Approx. 4,300 Square Feet .Great location, friendly neighborhood, good investment property with retail store leased and operated as a convenience store for more than 30 years (leased 5 yrs + options 2X 5yrs) and 2 residential units both are 2- bedroom residential suite with seperate entrance, seperate electric meters. And 1 office(landlord use for now) or retail use for Nail shop or Cellphone Repair shop etc. The building has been renovated with new shingle (2015.Uper Building) metal roof(2024 Lower), outside stone /siding work(2024), All each unit have a separate entrance and multiple parking space. All in One Place! Discover this unique Mixed Use Property! This versatile multi-use building offers exceptional potential for both commercial and residential ventures. Situated in a prime location around London ON. Investor's Delight and entrepreneurial ventures.Do not go direct to the building. Please allow 24 hours for viewings! Tenant occupied!
Price $1,499,000
Taxes: $5,565
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 14110 Bemont Rd East , Central Elgin, N0L 1B0, Ontario
Postal Code: N0L 1B0
Province/State: Ontario
Lot Size: 66 x 132 (Feet)
Directions/Cross Streets: BELMONT RD / UNION ST.
Zoning: CG/ Z-1
Category: Multi-Use
Use: Other
Building Percentage: Y
Total Area: 4,300
Total Area Code:  Sq Ft
Office/Appartment Area: 2300
Office/Appartment Area Code: Sq Ft
Retail Area: 2000
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 100+
Financial Statement: N
Chattels: N
Franchise: N
Insurance Expense: $1800
 Management Expense: 0
Gross Income/Sales: $77157
Operating Expenses: $10700
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Sprinklers: N
Outside Storage: N
Rail: N
Crane: N
Heat Type: Baseboard
Central Air Conditioning: Part
Sewers: Sanitary
Water: Municipal
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HOME STANDARDS BRICKSTONE REALTY

14110 Bemont Rd East , Central Elgin, N0L 1B0, Ontario


 
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Type: Com - Commercial/Retail
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Belmont
Style:
Lot Size: 66.00 x 132.00(Feet)
Approximate Age: 100+
Tax: $5,565
Maintenance Fee: $0
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