212 Main Street W Minto (Palmerston), Ontario N1G 2P0
$4,100,000
Prime Downtown Palmerston Commercial Property For Sale A Versatile Investment Opportunity!Description: An exceptional investment opportunity awaits in the heart of downtown Palmerston! This versatile commercial property boasts a strategic location and diverse income streams, making it a standout choice for savvy investors. The property includes three established restaurants, a laundromat, and multiple residential units designed to maximize profitability and cater to a wide range of tenants. Property Highlights: Three Restaurants: Well-established dining options with loyal customer bases, providing steady income and excellent growth potential. Laundromat: a conveniently located facility catering to residents and businesses, ensuring consistent revenue. Residential Units: Two 3-Bedroom Apartments: Spacious and well-maintained, perfect for families or professionals. Five 2-Bedroom Apartments: Ideal for couples, small families, or individuals seeking comfortable living in a prime location. Key Features: Prime Location: Situated in the bustling downtown area of Palmerston, ensuring high visibility and foot traffic. Substantial Rental Income: Multiple income streams from commercial and residential tenants. Turnkey Investment: Fully equipped and operational businesses with established customer bases. Parking: Ample parking is available for restaurant patrons, laundromat users, and apartment residents. Why Invest Here? Diversified Revenue Streams: Benefit from stable and diverse income sources across commercial and residential units. Growth Potential: Opportunity to further enhance profitability through targeted marketing, menu expansion, and property upgrades. Community Hub: Located in a vibrant downtown area, Seize this chance to acquire a prime commercial property in downtown Palmerston designed to deliver robust returns and long-term value. Whether you're an experienced investor or new to the market, this property offers unmatched potential and opportunity. (id:46638)
Property Details
| MLS® Number | X9229472 |
| Property Type | Retail |
| Community Name | Palmerston |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| SizeExterior | 10000 Sqft |
| SizeInterior | 10000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 70 Ft ,9 In |
| SizeFrontage | 66 Ft ,1 In |
| SizeIrregular | Bldg=66.13 X 70.75 Ft |
| SizeTotalText | Bldg=66.13 X 70.75 Ft |
| ZoningDescription | Commercial Mixed Use |
https://www.realtor.ca/real-estate/27226021/212-main-street-w-minto-palmerston-palmerston
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October 09 2024 04:29:07
London and St. Thomas Association of REALTORS®
Nu-Vista Premiere Realty Inc.