43
$799,000 Sale
Listed 21 days ago
39 ARTHUR STREET
· 0
· 0.0
· 4
· 2500
Key Facts
Key facts for 39 ARTHUR STREET
Property Type
Commercial
Parking
Garage: No, 4 parking
MLS #
X13807942
Size
2500 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Welcome to 39 Arthur Street, a rare mixed-use investment opportunity in the heart of downtown Elmira. Positioned on a prominent corner lot along one of the community's most recognizable commercial corridors, this well-maintained property offers multiple potential revenue streams through its commerci...al and residential components.The main floor features an established restaurant space that has operated successfully for over 20 years and includes a full commercial kitchen, large exhaust hood, ample preparation and storage areas, and a liquor licence for up to 90 seats. A portion of the restaurant's operational footprint is leased from the neighbouring property for $1,700 per month plus HST, providing valuable additional dining and functional space.The upper level contains a spacious three-bedroom apartment, offering further rental-income potential. With its proven commercial history, residential component, prominent downtown location, and long-term upside, 39 Arthur Street represents an attractive opportunity for investors seeking a versatile mixed-use asset in a desirable Waterloo Region community. (id:10452)
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Listing courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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