Introducing 450 Main St W. 450 Main St. W - Discover an exceptional investment opportunity with this meticulously maintained commercial/residential mixed-use building. Featuring established commercial tenants on a 5-year lease and six fully occupied residential units, this property promises stable and lucrative returns. Situated in the vibrant West end of the downtown core, 450 Main St W boasts excellent visibility and is conveniently located within walking distance of downtown amenities and waterfront. Built in 1989, this all-brick, two-story building offers a 2,548 sq ft commercial space at the front, complemented by five 2-bedroom units and one 1-bedroom unit and 12 dedicated parking spots. Together, these units generate an impressive annual income of over $144,000. With numerous updates and a solid structure, this property is a valuable addition to any investment portfolio. (id:47421)
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Detailed Information
Lot
66 x 132 ft
Amenities Nearby
Public Transit
Communication Type
High Speed Internet
Features
Paved driveway
Listing Contract Date
2024-05-24
Location Description
450 MAIN ST W. between Plouffe and Foran St
Ownership Type
Freehold
# of Parking Spaces
12
Property Type
Office
Transaction Type
For sale
Zoning Description
C2
Building
Basement Type
None
Constructed Date
1989
Construction Material
Concrete block, Concrete Walls
Exterior Finish
Brick, Concrete
Fire Protection
Alarm system
Foundation Type
Poured Concrete
Stories Total
2
Size (Exterior)
2548
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Amenities
Public Transit
Sewer
Municipal sewage system
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