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$ 1,299,900
Est. payment | /mo
5,037 SqFt
$ 1,299,900
Est. payment | /mo
5,037 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,037 sqft
Price per Sqft $258
Subdivision Rural Amaranth
MLS® Listing ID X12458239
Lot Size 1.010 Acres
Acres 1.01
Source Toronto Regional Real Estate Board
Property Description
Outstanding Investment Opportunity Just 5 Minutes from Orangeville! This prime 1.01 acre corner property with C2 Highway Commercial zoning offers exceptional income potential with an estimated potential 10% cap rate if tenanted at estimated market rents and offers a diverse array of potential permitted uses. Ideal for investors or owner/operators seeking cash flow & versatility. The property features two self-contained 2-bedroom apartments with 1 washroom each, providing rental income or convenient on-site living. Auto mechanic garage includes 2 bays, office, washroom, and optional equipment available (2 hoists, wheel alignment machine, air compressor, some tools etc.). Restaurant with kitchen, dining area & 2 washrooms offers opportunity for an additional income stream or owner-use potential. 2 septic systems & drilled well. C2 Zoning can permit multiple possible uses depending on Town approval such as vehicle repair, gas bar, restaurant, retail, office, greenhouse, storage facility, hotel/ motel, or recreation. A Clean Phase 2 Environmental Report (2017) is available. This is a rare chance to own a versatile, income-generating property in a high-traffic location. Don't miss this opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Sewer Septic System
Others
Virtual Tour https://tour.shutterhouse.ca/204369dufferinroad109?mls
Listed by EXIT REALTY HARE (PEEL)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "