A LOFTY IDEA! Rare opportunity to acquire an exceptional, professionally designed, meticulously renovated mixed use property with flexible C-1 zoning & highly visible location in the heart of Ingersoll. Nothing to do, it’s a turn-key venture where your investment will grow without capital outlay. This landmark 1880 building offers an eye-catching façade on all 3 sides, a tribute to its heritage! The attention to style, detail & finishes are evident throughout 6500+/- sq ft, 3 levels & 5 total units. A privately fenced, parking area behind fits up to 4 vehicles. 2 street level commercial units (2200+ sf). Each has its own back door access. Both commercial units are leased to longstanding businesses & offer an upscale street presence. 2 full height, dry, walkout basements provide further storage & rental potential. The 2 loft-style 2nd floor apartments show exceptionally & share a thoughtfully planned laundry area. The stunning 2 storey Loft-Penthouse is incomparable! Chic & contemporary. 3 bedrooms, 2.5 baths, gourmet kitchen, soaring tin clad ceilings…Architectural Digest calibre here! A+ tenants. The building generates good income with potential to increase revenue. Separate utilities in each unit. Savvy investors will appreciate what differentiates this property: prime location, diversified income streams, the integrity of the structure, the top to bottom restoration & income potential.3 storey emergency exit & newer covered concrete patio out the back. Street & public parking lots nearby. Ingersoll is a progressive community with a steadily growing residential sector & solid economy supported by manufacturing, industry & Oxford’s agricultural sector. It’s ideally located on 401, minutes from Woodstock & the crossroads of 401/403. A quick drive to London,Brantford,KW,Cambridge. Seize your opportunity for a smart, strategic investment today! (id:47423)
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Listed By
Royal Lepage Triland Realty Brokerage
Data Provided By
Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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Detailed Information
Lot
38 x 110 ft
Amenities Nearby
Airport, Hospital, Schools
Communication Type
High Speed Internet
Community Features
High Traffic Area
Features
Visual exposure, Paved driveway
Listing Contract Date
2023-11-27
Location Description
From 401 exit Harris Street North to Ingersoll. Follow to Canterbury Street. Turn north onto Thames St S and the destination will be on the east side of Thames Street South.
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Office
Transaction Type
For sale
Zoning Description
C-1
Building
Basement Type
Full
Constructed Date
1880
Exterior Finish
Brick, Stucco
Foundation Type
Poured Concrete
Stories Total
3
Size (Exterior)
6492
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
under 1/2 acre
Access Type
Highway access, Rail access
Amenities
Airport, Hospital, Schools
Sewer
Municipal sewage system
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