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$1,090,000
Est. payment /mo
4,894 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,894 sqft
Price per Sqft $222
MLS Listing ID 40770938
Abv Grd Liv Area 4,894
Annual Tax Amount $10,326
Lot Size 0.810 Acres
Acres 0.81
Property Sub-Type Retail,Building and Land
Source Cornerstone
Property Description
Prime investment opportunity in downtown Elmira. This fully leased commercial building generates net rent of $5,500 per month on a 5-year lease with 2% annual increases. The pub, occupies the main and second floors, with additional basement space supporting operations. The property offers two dedicated parking spaces along with ample municipal parking at the rear and on-street. Situated at the heart of Elmira, this property benefits from high visibility and strong foot traffic, surrounded by thriving local businesses, services, and community amenities. A stable, income-producing asset in a growing town just minutes from Waterloo and the broader Region. BUILDING ONLY
Location
Province ON
County Waterloo
Area 5 - Woolwich And Wellesley Township
Zoning C-1
Direction Arthur St S, Adjacent to Mill St.
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 35.07
Lot Depth 101.07
Garage No
Building
Lot Description Other
Faces Arthur St S, Adjacent to Mill St.
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 222230117
Ownership Freehold/None
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Listed by COUPAL MARKOU COMMERCIAL REAL ESTATE INC.
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