$4,100,000
FOR SALE

Commercial/Retail

Lot: 66.13 x 70.75 ftTotal Area: 10,000 ft2
2023 Taxes: $10,000

212 Main St W
Minto, ON N1G 2P0 | Palmerston | Wellington

Prime Downtown Palmerston Commercial Property For Sale A Versatile Investment Opportunity!Description: An exceptional investment opportunity awaits in the heart of downtown Palmerston! This versatile commercial property boasts a strategic location and diverse income streams, making it a standout choice for savvy investors. The property includes three established restaurants, a laundromat, and multiple residential units designed to maximize profitability and cater to a wide range of tenants. Property Highlights: Three Restaurants: Well-established dining options with loyal customer bases, providing steady income and excellent growth potential. Laundromat: a conveniently located facility catering to residents and businesses, ensuring consistent revenue. Residential Units: Two 3-Bedroom Apartments: Spacious and well-maintained, perfect for families or professionals. Five 2-Bedroom Apartments: Ideal for couples, small families, or individuals seeking comfortable living in a prime location. Key Features: Prime Location: Situated in the bustling downtown area of Palmerston, ensuring high visibility and foot traffic. Substantial Rental Income: Multiple income streams from commercial and residential tenants. Turnkey Investment: Fully equipped and operational businesses with established customer bases. Parking: Ample parking is available for restaurant patrons, laundromat users, and apartment residents. Why Invest Here? Diversified Revenue Streams: Benefit from stable and diverse income sources across commercial and residential units. Growth Potential: Opportunity to further enhance profitability through targeted marketing, menu expansion, and property upgrades. Community Hub: Located in a vibrant downtown area, Seize this chance to acquire a prime commercial property in downtown Palmerston designed to deliver robust returns and long-term value. Whether you're an experienced investor or new to the market, this property offers unmatched potential and opportunity.
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Listed By NU-VISTA PREMIERE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9229472
Last Updated Jul 28, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Hospitality/Food Related
Category Multi-Use
Occupancy Tenant
Taxes (2023) $10,000
Tax Type Annual
Directions/Cross Streets Main/William
Neighbourhood Palmerston
Area Wellington
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
Freestanding Y
Lot 66.13 x 70.75 ft
Retail Area 5,000 ft2
Total Area 10,000 ft2
Air Conditioning Y
Garage Type Outside/Surface
Heat Type Elec Forced Air
% Building 100
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning Commercial Mixed Use
Seller Property Info Statement Y

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