Here is a great investment opportunity to purchase a six unit mixed use commercial/residential building in a prime location in Downtown Elora. Already shows good income - with lots of potential to take it to the next level. Currently configured with 2 commercial units and 4 residential units ( two 2 bedroom and two 1 bedroom ). The building has frontage on TWO streets - Metcalfe and Geddes. The two commercial units face bustling Metcalfe street. Two upper residential units. And two of the residential units are ground floor level facing Geddes. 4 valuable parking spots for tenants on Geddes. The one upper residential unit is very unique with 2 entrances on either side of the building, has a 2nd loft level and outdoor balcony. Lots of possibilities for the new owner to reconfigure the building layout and add value here. Elora is continuing to evolve in a big way - and this building is a prime piece of real estate in the middle of the action. (id:48850)
MLS® Number | 40639687 |
Property Type | Office |
Community Features | High Traffic Area |
Basement Type | Full |
Construction Material | Wood Frame |
Exterior Finish | Stone, Stucco, Wood |
Stories Total | 3 |
Size Exterior | 5109.6000 |
Size Interior | 5109.6 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Frontage | 54 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C1 |
https://www.realtor.ca/real-estate/27357734/133-135-metcalfe-street-elora
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