$1,199,900 FOR SALE

Commercial/Retail

Lot: 66.17 x 132.34 ftTotal Area: 7,463 ft2
2023 Taxes: $6,600

65 Maitland Terr
Strathroy-Caradoc, ON N7G 1L2 | SW | Middlesex

Investors, take note of this incredible opportunity presented by a commercial/residential building! Located in a prime spot near the downtown core, this property in the thriving Town of Strathroy holds immense potential. Boasting nearly 6000 sq ft of commercial space and 12 parking spaces, it offers a significant advantage for those looking to own an income-generating property. The main floor features 12 ft ceilings with fire-rated drywall and is currently operating as a restaurant. However, it can easily be transformed into a personal care service, pharmacy, medical clinic, club, event hall, and more. Constructed approximately 18 years ago, the property also includes a separate entrance leading to a 2100 sq ft apartment. This apartment comprises 4 bedrooms, 2 baths, a living room, updated flooring, its own heating and cooling system, and a spacious patio that has the potential to generate $2800 to $3000 per month. With two separate entrances on the main floor, there is even an opportunity to partition a section of the building for additional income potential. Additional features of the property include an 8 x 14 walk-in cooler, ample storage, all-new electrical wiring (3 phase 120V/208V), and a split A/C-heat pump system that serves the main floor. For more information, please reach out to me directly.

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Listed By BLUE FOREST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8259016
Last Updated Apr 22, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 096100049
Occupancy Owner
Possession Date FLEXIBLE
Taxes (2023) $6,600
Tax Type Annual
Directions/Cross Streets Princess
Neighbourhood SW
Area Middlesex
Price History
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Detailed Information
Freestanding Y
Lot 66.17 x 132.34 ft
Retail Area 5,357 ft2
Office/Apt Area 2,106 ft2
Total Area 7,463 ft2
Air Conditioning Y
Garage Type None
Heat Type Gas Forced Air Open
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning C-1
Seller Property Info Statement N

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