Space
Finished area and layout
- Living Area
- 4,445 sqft
+45 more
4,445 sqft
Living Area
80 x 159 FT
Lot
13
Parking
Property Snapshot
Key details for this listing
MLS #X13641548
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Mixed Use
Lot
Land, frontage and setting
- Lot
- 80 x 159 FT
- Frontage
- 80.0 feet
About This Property
This retail in Lincoln offers 4,445 sqft of living area on a 80 x 159 FT lot. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
An exceptional turnkey investment opportunity in the heart of Niagara's renowned wine country. This extensively renovated mixed-use property offers multiple income streams and outstanding upside potential for an owner/operator or investor with lots of visibility from steady-thru traffic. The current owner has extensively renovated the building, creating a boutique atmosphere that reflects the character and charm of this evolving destination. With the major improvements complete, the next owner can build on this strong foundation and take the opportunity to the next level. The property includes a well-established long-term restaurant tenant on a month-to-month basis, a recently renovated one-bedroom detached home, and three second-floor residential units, including two one-bedroom apartments and a spacious two-bedroom apartment. The two one-bedroom units are connected and can function as a two-bedroom unit while maintaining separate living spaces. Two residential units currently operate as successful short-term rentals, while the owner occupies the two-bedroom unit. A new owner may continue the short-term rental model, expand operations, or convert the residential units to long-term rentals. Situated on a prominent corner lot surrounded by thriving businesses, the property features ample paved parking and access from two streets. Residents enjoy views of the Toronto skyline on clear days and are minutes from six wineries and destinations including The Watering Can and Bench. Beamsville is experiencing continued growth as one of Niagara's emerging lifestyle and tourism destinations. This location is well positioned to benefit from future appreciation and increased demand. Located close to wineries, restaurants, tourism and year-round attractions, this is a rare opportunity to acquire a versatile income-producing property with significant future potential. (id:60351)
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
