Attention Investors! Discover an exceptional opportunity with this commercial building, featuring a renovated 2-bedroom apartment upstairs, located in the charming and thriving community of Palmerston. Situated at 125 Main Street, this well maintained property offers just over 1,100 sq ft of ground-level commercial space, boasting excellent visibility and ample street and lot parking nearby. Currently utilized as a retail space, the ground floor includes two half baths and a spacious storage/prep/staff area at the rear. The upstairs residential unit comprises a kitchen, a 3-piece bath, dining and living area, and is accessible by two separate staircases, providing limitless potential. Additionally, the property includes a detached garage with a loft for extra storage and three exclusive outdoor parking spots. With updated plumbing, windows, and central air on the main floor, this property is ready for a variety of uses. Centrally located in the heart of Palmerston, it is surrounded by restaurants, retail stores, banks, and more, offering the best of small-town charm with prime main street visibility and access. Looking to expand your investment portfolio? This property offers endless possibilities! (id:47423)
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Detailed Information
Lot
16 x 0 ft
Amenities Nearby
Schools
Community Features
High Traffic Area
Listing Contract Date
2024-09-17
Location Description
Main Street West property is across from Foodland
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Other
Transaction Type
For sale
Zoning Description
C1
Building
Basement Type
Crawl space
Construction Material
Concrete block, Concrete Walls
Exterior Finish
Aluminum siding, Brick, Concrete, Stucco
Foundation Type
Stone
Stories Total
2
Size (Exterior)
2086
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Schools
Sewer
Municipal sewage system
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