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$1,898,000
Available - For Sale
Listing ID: W9031098
Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
Extras:   This property can be purchased along with 25 Fraser, Brampton, ON, which is listed separately ( W9031079).23 Fraser is on the market as well.
Price $1,898,000
Taxes: $8,098
Tax Type: Annual
Occupancy by: Tenant
Address: 88 Elliott St , Brampton, L6Y 1W3, Ontario
Postal Code: L6Y 1W3
Province/State: Ontario
Lot Size: 123.75 x 50 (Feet)
Directions/Cross Streets: ELLIOTT ST & FRASER AVE
Zoning: COMMERCIAL
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 1,400
Total Area Code:  Sq Ft
Office/Appartment Area: 700
Office/Appartment Area Code: Sq Ft
Retail Area: 700
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Sprinklers: N
Outside Storage: Y
Rail: N
Crane: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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RE/MAX ALL-STARS REALTY INC.

88 Elliott St , Brampton, L6Y 1W3, Ontario


 
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Type: Com - Store W/Apt/Office
Area: Peel
Municipality: Brampton
Neighbourhood: Downtown Brampton
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Lot Size: 123.75 x 50.00(Feet)
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Tax: $8,098
Maintenance Fee: $0
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