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$895,000
Est. payment /mo
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $447
Subdivision 10 - Victoria
MLS® Listing ID 40643613
Originating Board Cornerstone - Waterloo Region
Year Built 1960
Property Description
This commercial residential building is right in the heart of The Gaslight District. Literally across the street. The main level commercial space has been a thriving hair salon for decades and there is a large 2-bedroom unit apartment above. MAIN LEVEL; This would be a great opportunity for a beauty professional to owner occupy this turn key hair salon business and live in the apartment or rent it out for the added income. There is parking in the back with 4 dedicated spots and the driveway could easily accommodate another three vehicles. There is plenty of street front parking too. The property is zoned C1RM1 which allows for many different types of businesses and also the opportunity to build more units. In 2020, the owners were considering adding on and had an architectural concept design created for the property which would add an additional 7 apartments (which would have been subject to approval). Buyer must do their own due diligence. APARTMENT LEVEL; Separate back private entrance with a large deck, eat-in kitchen, living room with sliders to a balcony, two good size bedrooms, a full washroom with skylight and a storage/utility/laundry room. There is also a large storage shed at the back of the building. With The Gaslight District as a neighbor your future business would have amazing exposure to huge population of potential clients. Steps from The Hamilton Family Theatre, U of W School of Architecture, River trails, shopping, restaurants, parks and public transit. (id:24570)
Location
Province ON
Exterior
Garage No
Community Features High Traffic Area
Waterfront No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold