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3232 Simcoe Road Ramara (Brechin), Ontario L0K 1B0

25661 sqft
Fully Air Conditioned Baseboard Heaters, Forced Air

$1,399,000

Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you're a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don't miss this outstanding investment opportunity! (id:63244)

Property Details

MLS® Number S13432348
Property Type Retail
Community Name Brechin
Amenities Near By Highway, Recreation
Farm Type Other

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Size Interior 25661 Sqft
Utility Water Municipal Water

Parking

Other

Land

Acreage No
Land Amenities Highway, Recreation
Size Depth 211 Ft ,2 In
Size Frontage 123 Ft
Size Irregular 123 X 211.17 Ft ; 119.47 X 211.48 X 122.00 X 212.01
Size Total Text 123 X 211.17 Ft ; 119.47 X 211.48 X 122.00 X 212.01
Zoning Description C2/village Commercial

https://www.realtor.ca/real-estate/29889830/3232-simcoe-road-ramara-brechin-brechin

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