Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
Extras
This property can be purchased along with 25 Fraser, Brampton, ON, which is listed separately ( W9031079). 23 Fraser is on the mls as well
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
2
Lot
123.75 x 50 ft
Lot Irregularities
Irregular lot
Retail Area
700 ft2
Office/Apt Area
700 ft2
Total Area
1,400 ft2
Air Conditioning
Y
Basement
Y
Garage Type
None
Parking Spaces
6
LLBO
N
Heat Type
Gas Forced Air Open
Outside Storage
N
Area Influences
Major Highway, Public Transit
Sprinklers
N
Utilities
A
Water
Municipal
Survey
Y
Lot/Bldg/Unit Code
Building
Zoning
COMMERCIAL
Seller Property Info Statement
N
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