Jag Patel
Broker
$799,000
Available - For Sale
Listing ID: X13807942
39 Arthur Street , Woolwich, N3B 2M4, Waterloo
| Welcome to 39 Arthur Street, a rare mixed-use investment opportunity in the heart of downtown Elmira. Positioned on a prominent corner lot along one of the community's most recognizable commercial corridors, this well-maintained property offers multiple potential revenue streams through its commercial and residential components.The main floor features an established restaurant space that has operated successfully for over 20 years and includes a full commercial kitchen, large exhaust hood, ample preparation and storage areas, and a liquor licence for up to 90 seats. A portion of the restaurant's operational footprint is leased from the neighbouring property for $1,700 per month plus HST, providing valuable additional dining and functional space.The upper level contains a spacious three-bedroom apartment, offering further rental-income potential. With its proven commercial history, residential component, prominent downtown location, and long-term upside, 39 Arthur Street represents an attractive opportunity for investors seeking a versatile mixed-use asset in a desirable Waterloo Region community. |
| Price | $799,000 |
| Taxes: | $2168.43 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 39 Arthur Street , Woolwich, N3B 2M4, Waterloo |
| Postal Code: | N3B 2M4 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 24 PL 560 WOOLWICH PT 1 58R8079; W |
| Directions/Cross Streets: | Arthur St & Church St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 2500.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 50 |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Waterloo |
| Municipality: | Woolwich |
| Neighbourhood: | Dufferin Grove |
| Tax: | $2,168.43 |
| Fireplace: | N |
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