About 285 Highway 3 N/a
Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 2,400 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leaseable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use.
Features of 285 Highway 3 N/a
| MLS® # | X12449811 |
|---|---|
| Price | $1,685,000 |
| Bathrooms | 0.00 |
| Acres | 1.09 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 285 Highway 3 N/a |
|---|---|
| Area | Norfolk |
| Subdivision | Rural Middleton |
| City | Norfolk |
| Province | ON |
| Postal Code | N4G 4G7 |
Amenities
| Garages | Single Detached |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | No |
| Fireplace | No |
Listing Details
| Office | Century 21 Heritage House Ltd Brokerage |
|---|