$1,050,000
FOR SALE

Business for Sale

Restaurant

Lot: 66.17 x 132.34 ftTotal Area: 7,463 ft2
2024 Taxes: $6,600

65 MAITLAND Terr
Strathroy-Caradoc, ON N7G 1L2 | SW | Middlesex

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.
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Listed By BLUE FOREST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8477432
Last Updated Jun 25, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category With Property
PIN 096100049
Legal Description LT 97, 34PL104 ; STRATHROY
Occupancy Owner
Taxes (2024) $6,600
Tax Type Annual
Assessment (2024) $331,000
Directions/Cross Streets Caradoc St S
Neighbourhood SW
Area Middlesex
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 66.17 x 132.34 ft
Retail Area 5,357 ft2
Office/Apt Area 2,106 ft2
Total Area 7,463 ft2
Approximate Age 31-50
Air Conditioning Y
Basement N
Chattels N
Garage Type None
LLBO N
Heat Type Gas Forced Air Open
Financial Statement N
Outside Storage Y
Seats 60
Water Municipal
Lot/Bldg/Unit Code Building
Zoning C-1
Seller Property Info Statement N

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