Presenting an exceptional investment opportunity with a stable, diversified income stream. Fully renovated in 2018/19, this two-story building seamlessly blends historical charm with contemporary style. The versatile space features a successful, long-term business on the main floor and four one-bedroom apartments on the second floor. Both the retail area and apartments showcase high, open beam ceilings, providing a spacious and airy atmosphere complemented by bright white walls, exposed brick, and industrial fixtures. The building's historic elements have been thoughtfully updated with modern conveniences for optimal living and working conditions. Renovations included an additional 410 sq ft of second-floor space, updated mechanical, electrical, and plumbing systems, new bathrooms and kitchens, along with insulation, drywall, flooring, fixtures, roof repairs, stucco, and paint. The property's low vacancy rates highlight its desirability and quality. For investors seeking a larger package, the adjacent property at 107 1st Ave W is also available (SK985806) and was developed concurrently with the Main Street property. The last 6 photos reference it. For more information, please contact your preferred real estate agent to request an information package or schedule a tour. (id:47423)
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Detailed Information
Lot
30 x 0 ft
Listing Contract Date
2024-10-10
Ownership Type
Freehold
Property Type
Business
Transaction Type
For sale
Business
Business Type
Other
Building
Amenities
Storefront
Heating Type
Other
Size (Exterior)
4832 square feet
Land
Total Size
0.07 acres
Size of Irregular Land
0.07
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