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65 Maitland Terrace Strathroy-Caradoc, Ontario N7G 1L2

7463 sqft
Fully Air Conditioned Other

$1,050,000

Investors, take note of this incredible opportunity presented by a commercial/residential building! Located in a prime spot near the downtown core, this property in the thriving Town of Strathroy holds immense potential. Boasting nearly 6000 sq ft of commercial space and 12 parking spaces, it offers a significant advantage for those looking to own an income-generating property. The main floor features 12 ft ceilings with fire-rated drywall and is currently operating as a restaurant. However, it can easily be transformed into a personal care service, pharmacy, medical clinic, club, event hall, and more. Constructed approximately 18 years ago, the property also includes a separate entrance leading to a 2100 sq ft apartment. This apartment comprises 4 bedrooms, 2 baths, a living room, updated flooring, its own heating and cooling system, and a spacious patio that has the potential to generate $2800 to $3000 per month. With two separate entrances on the main floor, there is even an opportunity to partition a section of the building for additional income potential. Additional features of the property include an 8 x 14 walk-in cooler, ample storage, all-new electrical wiring (3 phase 120V/208V), and a split A/C-heat pump system that serves the main floor. For more information, please reach out to me directly. (id:45615)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X8477432
Property Type Business
Community Name SW

Building

Appliances Freezer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Exterior 7463 Sqft
Size Interior 7463 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 132 Ft
Size Frontage 66 Ft
Size Irregular Bldg=66.17 X 132.34 Ft
Size Total Text Bldg=66.17 X 132.34 Ft
Zoning Description C-1

https://www.realtor.ca/real-estate/27089382/65-maitland-terrace-strathroy-caradoc-sw


BLUE FOREST REALTY INC.
931 Oxford Street East
London, Ontario N5Y 3K1

(519) 649-1888
www.soldbyblue.ca/
https://www.facebook.com/soldbyblue
https://twitter.com/BLUEForestRE

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