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. (id:49269)
| MLS® Number | X13807942 |
| Property Type | Retail |
| Parking Space Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2500 Sqft |
| Size Interior | 2,500 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 83 Ft ,6 In |
| Size Frontage | 17 Ft ,6 In |
| Size Irregular | Bldg=17.5 X 83.5 Ft |
| Size Total Text | Bldg=17.5 X 83.5 Ft |
| Zoning Description | C-1 |
https://www.realtor.ca/real-estate/30305023/39-arthur-street-woolwich
Contact us for more information