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For Sale: Freehold Commercial/Residential mixed-use property in the downtown central business district of Listowel Ontario.
Residential: 2 bedroom 1 Bath Commercial: Up to three separate commercial spaces plus 1-1/2 baths
Extensively updated and modernised but maintaining so much original charm and character. This property is zoned commercial on the ground floor and residential above. This would make a great income property, a live-work opportunity, or enjoy the best of both worlds. Live or work in part of it for yourself, and rent out the rest to cover the costs. Many combinations and options available. The ground floor has had a combination of tenants over the past three years including a caterer, hair salon, and nail salon.The upstairs apartment has been rented consistently over the years with great tenants.
Perfect for a hairdresser, caterer, meal delivery service, aesthetics, lawyer, accountant, counselling, bookkeeper, real estate, retail, small specialised ethnic grocery etc, etc.
With a few upgrades this could make a great restaurant or tea room.
This property received extensive upgrades in 2018 and has been very well maintained since. Some recent upgrades:
Electrical Plumbing Mechanical Water Heater Lighting Flooring Kitchen cabinetry
Highlights: Fantastic parking (on and off street parking plus municipal parking lot directly across the street) High visibility location Centrally located downtown Walking distance to everything downtown The apartment on the second floor is in very high demand. Residential rental vacancy rates are extremely low in Listowel.
Please do not approach tenants directly.
Total square footage of the property: +- 7,706.95 sf Square footing on the commercial portion: +- 1,264 sf Square footage of residential portion: +- 850 sf
Vendor may consider alternate financing.
Zoning: Downtown Commercial Zone Two (C2)
https://www.northperth.ca/en/our-community/resources/Documents/Zoning-Key-Maps-NorthPerth.pdf Municipality of North Perth
https://www.northperth.ca/en/business-and-development/building-and-planning.aspx
Comprehensive Zoning By-law 6-ZB-1999, as amended
https://www.northperth.ca/en/municipal-services/resources/Documents/DECEMBER-2018-Consolidation-ZBL.pdf