Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor.The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented. A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality.With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates. An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core. (id:13843)
| MLS # | X13638130 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 80 |
| Listing Provided By | RE/MAX CENTRE CITY REALTY INC. | CORY MCARTHUR |
| SQ Feet | 2,200 |
|---|---|
| Zoning | C1 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 2712 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Strathroy-Caradoc (NW) |
| Postal Code | N7G1X6 |
| Listing VS Median (in N7G1X6) | |
Price: $799,000 low | high Med: $799,000 sqft: 2,200 low | high Med: 2,200 $ / sqft: $363 low | high Med: $363 On site: 80 low | high Med: 80 | |
| Province | ON |
|---|---|
| City | Strathroy-Caradoc (NW) |
| Postal Code | N7G1X6 |
| Listing VS Median (in N7G1X6) | |
Price: $799,000 low | high Med: $799,000 sqft: 2,200 low | high Med: 2,200 $ / sqft: $363 low | high Med: $363 On site: 80 low | high Med: 80 | |