$ 4.100.000

212 Main Street W, Minto

  • Living area: 10000 square feet
  • Type: Commercial
  • Added: 53 days ago
  • Updated: 53 days ago
  • Last Checked: 16 days ago
Prime Downtown Palmerston Commercial Property For Sale A Versatile Investment Opportunity!Description: An exceptional investment opportunity awaits in the heart of downtown Palmerston! This versatile commercial property boasts a strategic location and diverse income streams, making it a standout choice for savvy investors. The property includes three established restaurants, a laundromat, and multiple residential units designed to maximize profitability and cater to a wide range of tenants. Property Highlights: Three Restaurants: Well-established dining options with loyal customer bases, providing steady income and excellent growth potential. Laundromat: a conveniently located facility catering to residents and businesses, ensuring consistent revenue. Residential Units: Two 3-Bedroom Apartments: Spacious and well-maintained, perfect for families or professionals. Five 2-Bedroom Apartments: Ideal for couples, small families, or individuals seeking comfortable living in a prime location. Key Features: Prime Location: Situated in the bustling downtown area of Palmerston, ensuring high visibility and foot traffic. Substantial Rental Income: Multiple income streams from commercial and residential tenants. Turnkey Investment: Fully equipped and operational businesses with established customer bases. Parking: Ample parking is available for restaurant patrons, laundromat users, and apartment residents. Why Invest Here? Diversified Revenue Streams: Benefit from stable and diverse income sources across commercial and residential units. Growth Potential: Opportunity to further enhance profitability through targeted marketing, menu expansion, and property upgrades. Community Hub: Located in a vibrant downtown area, Seize this chance to acquire a prime commercial property in downtown Palmerston designed to deliver robust returns and long-term value. Whether you're an experienced investor or new to the market, this property offers unmatched potential and opportunity. (id:1945)

Property Details

  • Cooling: Fully air conditioned
  • Heating: Forced air, Electric
  • Building Area Total: 10000

Interior Features

  • Living Area: 10000

Exterior & Lot Features

  • Water Source: Municipal water
  • Lot Size Dimensions: Bldg=66.13 x 70.75 FT

Location & Community

  • Directions: Main/William
  • Street Dir Suffix: West

Tax & Legal Information

  • Tax Annual Amount: 10000
  • Zoning Description: Commercial Mixed Use
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Nearby Places

Name
Type
Address
Distance
Norwell District Secondary School
School
135 Cumberland St
0.3 km
palmerston railway heritage museum
Museum
158-164 William St
0.3 km
Harry Stone's Pizza Burger
Restaurant
19 Elora St S
8.9 km
Food Basics
Grocery or supermarket
975 Wallace N
13.0 km
Pizza Delight
Restaurant
957 Wallace Ave N
13.0 km
Fordwich Airport
Airport
Gorrie
13.3 km
Anchor Pub Listowel
Restaurant
128 Wallace Ave N
14.2 km
Giant Tiger
Clothing store
201 Main St E
14.2 km
Crabby Joe's Tap & Grill
Restaurant
110 Main St W
14.3 km
Diana Sweets Restaurant
Restaurant
190 Main W
14.3 km
Listowel Airport
Airport
Gowanstown
15.5 km
Tim Hortons
Cafe
319 Main St S
18.5 km

Demographic Information

Neighbourhood Education
Bachelor's degree 35
University / Below bachelor level 10
Certificate of Qualification 40
College 125
University degree at bachelor level or above 40
Neighbourhood Marital Status Stat
Married 300
Widowed 30
Divorced 15
Separated 20
Never married 135
Living common law 60
Married or living common law 355
Not married and not living common law 205
Neighbourhood Construction Date
1961 to 1980 95
1981 to 1990 25
2001 to 2005 10
2006 to 2010 10
1960 or before 125
More Details?
  • GURMIT SINGH
  • NU-VISTA PREMIERE REALTY INC.
  • 519-438-5478

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