$1,999,900 FOR SALE

Commercial/Retail

Total Area: 5,409 ft2

30 Queen St W
Springwater, ON L0L 1P0

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (id:47423)

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Listed By RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S8074622
Last Updated Apr 03, 2024
Property Summary
Property Type Commercial/Retail

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Community Elmvale
Price History
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Detailed Information
Total Area 5,409 ft2
Listing Contract Date 2024-02-16
# of Parking Spaces 8
Property Type Retail
Transaction Type For sale
Building
Cooling Type Fully air conditioned
Utility Water Municipal water
Land
Total Size 49.5 x 166.98 FT
Sewer Sanitary sewer
Size of Irregular Land 49.5 x 166.98 FT
External Links

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