5,647 sqft
$1,699,900
TURNKEY MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF GRIMSBY! An excellent opportunity to acquire a fully tenanted mixed-use investment property in Downtown Grimsby. Featuring a strong mix of established commercial and residential tenants, providing diversified income and long-term investment stability. The property has benefited from significant capital improvements, including updated mechanicals, roofing/decking and landscaping, helping reduce near-term capital requirements. Excellent visibility, ample parking, easy highway access and a highly walkable downtown location add to the long-term appeal for both commercial and residential tenants. A well-positioned, income-producing asset in a growing Niagara community with strong long-term hold potential. This property is being offered exclusively together with the neighbouring property and both must be purchased as one transaction. (id:58073)
Property Details
| MLS® Number | 40858926 |
| Property Type | Other |
| Amenities Near By | Hospital, Marina |
| Community Features | High Traffic Area |
| Features | Visual Exposure, Paved Driveway |
| Parking Space Total | 7 |
Building
| Basement Type | Partial |
| Constructed Date | 1990 |
| Exterior Finish | Brick, Vinyl Siding |
| Stories Total | 3 |
| Size Exterior | 5647.0000 |
| Size Interior | 5,647 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Marina |
| Sewer | Municipal Sewage System |
| Size Depth | 131 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/30210608/12-ontario-street-grimsby