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$ 549,000
Est. payment | /mo
$ 549,000
Est. payment | /mo
Key Details
Property Type Commercial, Single Family Home
Sub Type Investment Property,Residential,Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26004693
Construction Status Approximate
Year Built 1890
Tax Year 2025
Property Sub-Type Investment Property,Residential,Retail
Source WESC
Property Description
Large mixed use commercial/residential building with a premium Main Street location in beautiful Ridgetown. 2 street level storefronts, 3 residential apartments on the second floor, and a full basement. The larger storefront is approx 1200 square feet, bright and updated with a 2pc bathroom and is occupied by a seasonal ice cream shop ($1200/month). The second main floor unit is approximately 700 square feet with an exposed brick wall, restored tin ceiling, and a 2pc bath, rented to a vape shop ($750/month). There is a roughly 900 square foot addition at the back of the main floor that could be finished into more rentable commercial space or living accommodations. The 3 bedroom apartment is very spacious and nicely updated with a beautiful kitchen, 4pc bathroom, tall ceilings, large rooms throughout and in-suite laundry ($1400/month). The 2 bedroom apartment is also updated with 4pc bathroom ($1200/month). The 1 bedroom apartment is a great bachelor pad with a 4 pc bathroom ($725/month). Total yearly income $63,300. Recent updates: brick facade repointed, upper windows, furnace/ac, back addition roof. A fantastic investment opportunity is a growing small town. Call now!
Location
Province ON
Zoning UC(CBD)
Interior
Heating Baseboard Heaters, Central Air Conditioning, Furnace
Cooling Baseboard Heaters, Central Air Conditioning, Furnace
Building
Sewer Sanitary
Construction Status Approximate
Listed by ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage
Nearby Locations