$1,499,000
Available - For Sale
Listing ID: X11975131
14110 Bemont Rd East , Central Elgin, N0L 1B0, Ontario
| Prime Retail/Office/Commercial/Residential Mixed-Use Building in BELMONT ON. Excellent Investment Opportunity. Located directly on the corner of Union St. & Belmont Rd. Free standing building. Two Storeys plus attached lower level. Total Building: Approx. 4,300 Square Feet .Great location, friendly neighborhood, good investment property with retail store leased and operated as a convenience store for more than 30 years (leased 5 yrs + options 2X 5yrs) and 2 residential units both are 2- bedroom residential suite with seperate entrance, seperate electric meters. And 1 office(landlord use for now) or retail use for Nail shop or Cellphone Repair shop etc. The building has been renovated with new shingle (2015.Uper Building) metal roof(2024 Lower), outside stone /siding work(2024), All each unit have a separate entrance and multiple parking space. All in One Place! Discover this unique Mixed Use Property! This versatile multi-use building offers exceptional potential for both commercial and residential ventures. Situated in a prime location around London ON. Investor's Delight and entrepreneurial ventures.Do not go direct to the building. Please allow 24 hours for viewings! Tenant occupied! |
| Price | $1,499,000 |
| Taxes: | $5565.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 14110 Bemont Rd East , Central Elgin, N0L 1B0, Ontario |
| Postal Code: | N0L 1B0 |
| Province/State: | Ontario |
| Lot Size: | 66.00 x 132.00 (Feet) |
| Directions/Cross Streets: | BELMONT RD / UNION ST. |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | Y |
| Total Area: | 4300.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2300 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2000 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 100+ |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Insurance Expense: | $1800 |
| Management Expense: | 0 |
| Gross Income/Sales: | $77157 |
| Operating Expenses: | $10700 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Part |
| Sewers: | Sanitary |
| Water: | Municipal |
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| HOME STANDARDS BRICKSTONE REALTY |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Elgin |
| Municipality: | Central Elgin |
| Neighbourhood: | Belmont |
| Lot Size: | 66.00 x 132.00(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,565 |
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