Well maintained Investment Property with a Commercial Space and 2 Apartments in downtown Tweed is a must see. The main level commercial space is currently tenant occupied as a Thrift Store with ample storage and a 3 piece bathroom with approximately 670sqft. The upgraded 3 bedroom Unit is tenant occupied with approximately 1100sqft on the upper floor features an open concept kitchen with island. Dining area with bright windows, 4 Piece bathroom and in-suite laundry. Rear 1 bedroom apartment is tenant occupied with kitchen, living room and 3 piece bathroom with approximately 480sqft. Roof is approximately 13 years old and all flooring, kitchens, furnace approximately 2019. Total rental income $3800/month. Cap rate for the property is 8.58% AMAZING given the market. 1 Hydro and Gas meter for the building. 3 Parking spaces available. Great high traffic location close to all amenities and only 30 minutes to the HWY 401. 24hrs notice required for all showings for all units. 24hour irrevocable on all offers. (id:47423)
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Detailed Information
Bathrooms
3
Lot
33.25 x 133 ft
Amenities Nearby
Highway, Recreation
Listing Contract Date
2025-02-21
Location Description
Highway 37 and Spring St W.
# of Parking Spaces
3
Property Type
Retail
Transaction Type
For sale
Zoning Description
C2 Urban Commercial
Business
Name
The Thrift Store
Building
Appliances
Dryer, Refrigerator, Two stoves, Washer
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
2355 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
Bldg=33.3 x 133 FT
Amenities
Highway, Recreation
Sewer
Sanitary sewer
Size of Irregular Land
Bldg=33.3 x 133 FT
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