408002 GREY RD 4, Grey Highlands, Ontario, CA

Address: 408002 GREY RD 4, Grey Highlands, Ontario

7 Beds3 Baths4212 sqftStatus: Buy
Price $459,000

Property Overview


Investment opportunity: 58.5ft x 150 ft corner lot with prime mixed-use building at Grey Rd 4 & 2 in Maxwell. 4,212 sq ft with income from 2 residential units and 1 commercial unit. Many updates in a great location. This commercial investment opportunity in Maxwell with this mixed-use C2 highway and service commercial zoned building. Offering 4,212 sq ft of income-producing rental space, this property is strategically positioned at the busy corner of Grey Rd 4 & 2, making it an ideal location for business. The building includes Residential Unit 1 at 2,106 sq ft, Residential Unit 2 at 1,288 sq ft, and Residential Unit 3, a 1,288 sq ft studio combined with Commercial Unit 4. Significant updates ensure the building's efficiency and comfort, featuring windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, fascia, a well water system, hydro panel, and an oil tank [2023]. Two separate hydro meters provide convenience and cost management, while ample parking for 6 vehicles caters to both residential and commercial tenants. Currently, the residential units are occupied by long-term tenants on a month-to-month basis, offering flexibility for new ownership. Located within a 30-minute drive of Collingwood and Blue Mountain and close to various amenities such as schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, this property is an attractive place to live, work, and play. With a proven track record of income generation, this versatile building is a rare opportunity to expand your investment portfolio or establish a live-work setup. Do not miss out on this exceptional commercial investment in Maxwell. **** EXTRAS **** Tenants on month to month leases. Retail space current shared with 3rd residential tenant. Great location corner location for re-purpose. Building has no historical value. (id:51532)

 

Tags




Property Summary
Property Type
Retail
Building Type
Residential Commercial Mix
Square Footage
4212 sqft
Community Name
Rural Grey Highlands
Land Size
58.5 x 150 FT
Building
Bathrooms
Total
7
Building Features
Square Footage
4212 sqft
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air
Utilities
Utility Sewer
Septic System
Parking
Total Parking Spaces
6
Land
Other Property Information
Zoning Description
C2 Highway and Service Commercial
Features
           Partially air conditioned
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Your Home Finance Calculation

Property Price CA $459,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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