




This industrial in Ridgetown is available for your consideration. Built in 1890. The property has lot dimensions of 41.65 X / 0.107 AC. The home features baseboard heaters, electric, natural gas, furnace heating, central air conditioning.
Large mixed use commercial/residential building with a premium Main Street location in beautiful Ridgetown. 2 street level storefronts, 3 residential apartments on the second floor, and a full basement. The larger storefront is approx 1200 square feet, bright and updated with a 2pc bathroom and is occupied by a seasonal ice cream shop ($1200/month). The second main floor unit is approximately 700 square feet with an exposed brick wall, restored tin ceiling, and a 2pc bath, rented to a vape shop ($750/month). There is a roughly 900 square foot addition at the back of the main floor that could be finished into more rentable commercial space or living accommodations. The 3 bedroom apartment is very spacious and nicely updated with a beautiful kitchen, 4pc bathroom, tall ceilings, large rooms throughout and in-suite laundry ($1400/month). The 2 bedroom apartment is also updated with 4pc bathroom ($1200/month). The 1 bedroom apartment is a great bachelor pad with a 4 pc bathroom ($725/month). Total yearly income $63,300. Recent updates: brick facade repointed, upper windows, furnace/ac, back addition roof. A fantastic investment opportunity is a growing small town. Call now! (id:60351)
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Listed by ELLIOT WILTON, ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage
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Listing represented by ELLIOT WILTON, ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage · MLS# 26004693
For illustration purposes only. Consult a mortgage professional for accurate rates.
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Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.