Commercial Building in a Prime Location in Woodstock. The C5 zoning (Central Commercial) permits a variety of uses, ideal for legal, medical, retail, deli, salon, etc. The building offers multiple entrances. The main floor retail area is approximately 1365 sqft and is currently rented to a well-known restaurant. The second and third floors are residential, consisting of four 1-bedroom, 1-bath apartments each with a kitchen. All apartments are currently rented out. There are 6 parking spots at the back of the building, with additional street parking also available. There are 2 bathrooms in the basement for restaurant and general use, along with an unfinished area for restaurant storage. Each unit has a separate hydro meter. Property taxes and water bills are paid by the landlord, while the rest of the utilities are paid by the tenants. The property has significant potential and generates approximately $60,000 in gross rent. (id:47421)
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Listed By
Bridge Realty
Data Provided By
Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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Detailed Information
Lot
27 x 116 ft
Amenities Nearby
Hospital, Public Transit, Schools
Community Features
High Traffic Area
Features
Crushed stone driveway
Listing Contract Date
2024-04-04
Location Description
Dundas St & Vansittart Ave
Ownership Type
Freehold
Property Type
Office
Transaction Type
For sale
Zoning Description
C5 Central Commercial
Building
Basement Type
Partial
Exterior Finish
Brick
Stories Total
3
Size (Exterior)
4095.64
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Public Transit, Schools
Sewer
Municipal sewage system
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