39 ARTHUR STREET
Woolwich – Ontario
$799,000
MLS® Number X13807942 | Listing provided by: ROYAL LEPAGE REAL ESTATE SERVICES LTD. | Powered byREALTOR.ca
About this property
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. (id:66549)
Details
- Size
- 2,500 sq ft
- Property type
- Shop
- Parking spaces
- 4
- Heating
- Forced air, Natural gas
- Postal code
- N3B2M4
- MLS® Number
- X13807942
- Status
- For Sale
Features
- Air Conditioning
- Storage