212 Main Street W Minto (Palmerston), Ontario N1G 2P0
$4,100,000
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:37319)
Property Details
| MLS® Number | X9229472 |
| Property Type | Retail |
| Community Name | Palmerston |
Building
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Exterior | 10000 Sqft |
| Size Interior | 10000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 70 Ft ,9 In |
| Size Frontage | 66 Ft ,1 In |
| Size Irregular | Bldg=66.13 X 70.75 Ft |
| Size Total Text | Bldg=66.13 X 70.75 Ft |
| Zoning Description | Commercial Mixed Use |
https://www.realtor.ca/real-estate/27226021/212-main-street-w-minto-palmerston-palmerston
Interested?
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Gurmit Singh
Salesperson
(519) 438-5478
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Nu-Vista Premiere Realty Inc.
September 03 2024 11:41:49
