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41 MAIN STREET E Bluewater

41 MAIN STREET E, Bluewater

$699,900

  • 9
  • 5
7,385 Square Feet
EXCEPTIONAL INVESTMENT VALUE IN RURAL ONTARIO w/ THE ICONIC ZURICH, ON HOTEL PROPERTY | 3 LARGE APARTMENTS + COMMERCIAL RESTAURANT UNIT | MASSIVE LIST OF UPDATES BY CURRENT & PREVIOUS OWNERS | 7385 SQ FT + BASEMENT | NO HERITAGE RESTRICTIONS! Experience excellent exposure & convenience w/ 222' fronting Zurich's primary intersection at this epic corner site. The restaurant unit will come almost fully equipped as most chattels & equipment are owned w/ the building (not tenant's), & vacancy may be available for someone looking to be an owner & also an operator at this value driven commercial site. Just to name a few amenities, this well designed commercial restaurant space, historically licensed w/ the LCBO for 68 seats, comes w/ a full commercial kitchen, hood, bar area, walk-in cooler, & 2 proper washrooms w/ 2 stalls in each + 2 urinals. In addition to the bright & vibrant commercial unit, there are 3 generous residential apartments (see floorplan photos) providing a total of 9 bedrooms & 3 more washrooms plus laundry, & there is a boatload of storage space in between the units & also in the vast & bone dry basement. With .346 acres providing ample ON SITE parking & impressive yard space for your residential tenants, this one has it all, & the 2 upper level apartments were just vacated & are now 97% renovated for a new owner to move in tenants (or short term renters) of their choosing & maximize rental income. Notably, AirBnB/hotel style accommodations at the original Zurich Hotel may be a viable option! The large ground level apartment is currently bringing in $1500/month w/ extremely reliable & long-term tenants & the restaurant unit brings in $2000/month + utilities. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. This property could cap very nicely! Just a 15 min drive to Grand Bend or Exeter & barely 45 to London & 25 to Goderich, this hot spot by the lake is begging for a RE-INVENTION! (id:58875)
  • Listing ID: X11984199
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Highway, Recreation
  • Features: Irregular lot size
  • Parking Spaces: 14
  • Transaction: For sale
  • Zoning Description: C4

Building

  • Cooling: Partially air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 5
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Exterior: 7385 sqft
  • Size Interior: 7385 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Recreation
  • Sewer: Sanitary sewer
  • Size Depth: 132 ft
  • Size Frontage: 222 ft
  • Size Irregular: Bldg=222 x 132 FT ; Rectangle w/ small notch from SW corner

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    This property for sale is located at 41 MAIN STREET E in Bluewater. It was last modified on February 24th 2025. Let us connect you with the listing agent to schedule a viewing or to discover other Bluewater properties for sale.

    Mike Sloan - Sales Representative

    Mike Sloan

    Sales Representative

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