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65 MAITLAND Terrace Strathroy

65 MAITLAND Terrace, Strathroy

$1,199,900

7,463 Square Feet
Investors, take note of this incredible opportunity presented by a commercial/residential building! Located in a prime spot near the downtown core, this property in the thriving Town of Strathroy holds immense potential. Boasting nearly 6000 sq ft of commercial space and 12 parking spaces, it offers a significant advantage for those looking to own an income-generating property. The main floor features 12 ft ceilings with fire-rated drywall and is currently operating as a restaurant. However, it can easily be transformed into a personal care service, pharmacy, medical clinic, club, event hall, and more. Constructed approximately 18 years ago, the property also includes a separate entrance leading to a 2100 sq ft apartment. This apartment comprises 4 bedrooms, 2 baths, a living room, updated flooring, its own heating and cooling system, and a spacious patio that has the potential to generate $2800 to $3000 per month. With two separate entrances on the main floor, there is even an opportunity to partition a section of the building for additional income potential. Additional features of the property include an 8’ x 14’ walk-in cooler, ample storage, all-new electrical wiring (3 phase 120V/208V), and a split A/C-heat pump system that serves the main floor. For more information, please reach out to me directly. (id:23309)
  • Listing ID: 40572787
  • Property Type: Office
  • Year Built: 1993
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Details

  • Amenities Nearby: Hospital, Schools
  • Equipment: Other, Water Heater
  • Features: Southern exposure, Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 10
  • Rental Equipment: Other, Water Heater
  • Transaction: For sale
  • Zoning Description: C-1

Building

  • BasementType: None
  • Constructed Date: 1993
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Size Exterior: 7463.0000
  • Size Interior: 7463.0000
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Schools
  • Sewer: Municipal sewage system
  • Size Depth: 132 ft
  • Size Frontage: 66 ft

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    This property for sale, located at 65 MAITLAND Terrace in Strathroy, was last modified on April 19th, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Strathroy.

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