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$ 1,050,000
Est. payment | /mo
4 Baths
4,295 SqFt
$ 1,050,000
Est. payment | /mo
4 Baths
4,295 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,295 sqft
Price per Sqft $244
Subdivision Rockwood
MLS® Listing ID X11945535
Originating Board OnePoint Association of REALTORS®
Property Description
Incredible investment opportunity in downtown Rockwood! This fully tenanted, freestanding mixed-use property at 126 Main Street South offers a gross rental income of $69,600 annually, making it an excellent addition to any portfolio. The property features three income-generating units: a main floor commercial space leased on a 5-year term, a spacious second-floor three-bedroom residential unit, and a two-bedroom basement apartment, all with in-suite laundry. Zoned C1 under Guelph/Eramosa, the building supports a variety of business ventures, enhancing its long-term investment potential. A recent building inspection has been completed, providing peace of mind for buyers. Parking for four vehicles is available at the rear, with additional street parking offering convenience for tenants and customers alike. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community, blending small-town charm with excellent accessibility. The downtown location ensures high visibility for commercial tenants and convenience for residential occupants, promoting long-term tenant satisfaction and retention. With Rockwood's real estate market demonstrating robust growth and demand, this property stands out as a prime opportunity for investors seeking stable returns in a thriving area. (id:24570)
Location
State ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Others
Virtual Tour https://unbranded.youriguide.com/pist2_126_main_st_s_rockwood_on/
Listed by RE/MAX Escarpment Realty Inc
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