Historic Mixed-Use Commercial Building in the Heart of Russell. Step into a piece of history with this century-old mixed-use commercial building, perfectly situated in the heart of Russell. This solid brick property offers an investment opportunity with 5 commercial units on the ground floor and 5 residential apartments on the second floor. One of which is currently vacant, and freshly renovated, allowing for immediate occupancy . Separate hydro meters for all units, ensuring ease of utility management and tenant responsibility. Natural gas heating for the commercial units, providing efficient and cost-effective climate control. Electric baseboard heating for the five residential apartments, allowing independent temperature control for tenants. Prime Location & Investment Potential: Located in the heart of Russell, this high-visibility property benefits from excellent foot traffic and a thriving local economy. Ideal for a mix of retail, office, and service-based businesses looking to establish themselves in a well-traveled area. Russell's growing population and strong community appeal make this an excellent long-term asset. Whether you're looking to expand your investment portfolio, or generate passive income, this historic property offers endless possibilities. Don't miss the chance to own a piece of Russell's history contact us today for more details or to schedule a private tour! (id:47421)
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
118 x 83.83 ft
Features
Irregular lot size
Listing Contract Date
2025-02-11
Location Description
Concession Street and Mill Street
# of Parking Spaces
10
Property Type
Retail
Transaction Type
For sale
Zoning Description
C3 - Retail or Office with residential above
Building
Age
100+ years
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
8200 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
Bldg=118.02 x 83.91 FT
Sewer
Sanitary sewer
Size of Irregular Land
Bldg=118.02 x 83.91 FT
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