TURNKEY MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF GRIMSBY! An excellent opportunity to acquire a fully tenanted mixed-use investment property in Downtown Grimsby. Featuring a strong mix of established commercial and residential tenants, providing diversified income and long-term investment stability. The property has benefited from significant capital improvements, including updated mechanicals, roofing/decking and landscaping, helping reduce near-term capital requirements. Excellent visibility, ample parking, easy highway access and a highly walkable downtown location add to the long-term appeal for both commercial and residential tenants. A well-positioned, income-producing asset in a growing Niagara community with strong long-term hold potential. This property is being offered exclusively together with the neighbouring property and both must be purchased as one transaction. (id:61499)
| MLS® Number | 40858926 |
| Property Type | Other |
| AmenitiesNearBy | Hospital, Marina |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure, Paved Driveway |
| ParkingSpaceTotal | 7 |
| BasementType | Partial |
| ConstructedDate | 1990 |
| ExteriorFinish | Brick, Vinyl Siding |
| StoriesTotal | 3 |
| SizeExterior | 5647.0000 |
| SizeInterior | 5647 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Marina |
| Sewer | Municipal Sewage System |
| SizeDepth | 131 Ft |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C3 |
https://www.realtor.ca/real-estate/30210608/12-ontario-street-grimsby
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Steve Augustine
Broker of Record
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