About 257 George Street
Amazing Investment Opportunity! This mixed-use property features seven (7) refreshed residential units and a main floor commercial space that is already leased out to a Restaurant (restaurant business not included in sale), ensuring immediate rental income. A bottle and can return business contracted with the Beer Store adds another steady revenue stream. Recent upgrades include a new roof (2023), newer windows (2020/2023), front aluminum fascia (2023), new electrical on the upper floor (2023), and updated fire alarms (2023). The upper floor has been enhanced with new tiles and luxury waterproof vinyl flooring, while kitchens have been modernized with updated cabinets, quartz countertops, and quartz backsplash. Bathrooms have also been updated, providing a fresh and stylish finish throughout. Additional features include Wi-Fi extenders, security cameras, and exterior lighting for safety and convenience. The property also offers ample parking at the rear for both tenants and customers, as well as an on-site coin laundry and dryer. With multiple income streams and significant recent capital improvements, this property is a true turn-key investment you wont want to miss!
Features of 257 George Street
| MLS® # | X12435379 |
|---|---|
| Price | $2,499,900 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Commercial Retail |
| Status | Active |
Community Information
| Address | 257 George Street |
|---|---|
| Area | Wellington |
| Subdivision | Arthur |
| City | Wellington North |
| Province | ON |
| Postal Code | N0G 1A0 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Garages | None |
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Closed |
|---|---|
| Cooling | Partial |
| Fireplace | No |
Listing Details
| Office | RE/MAX EXCELLENCE REAL ESTATE |
|---|