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$2,750,000
Available - For Sale
Listing ID: X12007950
A rare opportunity to own a mixed-use building in a high-visibility location. This two-storey property features a brand-new residential unit upstairs and a spacious commercial space on the main floor, making it an excellent investment for business owners, landlords, or those looking for a live-work opportunity.The top-floor residential unit has been completely gutted to the studs and rebuilt with all-new electrical, bathrooms, flooring, kitchen, laundry, and insulation. Every detail has been updated, creating a move-in-ready space with modern finishes. Offering approximately 1,500 sq. ft. of bright and comfortable living space, this unit is ideal for an owner-occupier or as a rental income source.The main-floor commercial space spans 2,300 sq. ft., with a 9-ft ceiling, one 2-piece bathroom, and an open-concept layout suitable for a variety of businesses, from retail to office or service-based industries. The space includes gas heating and a wall-unit air conditioner for year-round comfort. With excellent street frontage along a busy route and 4-6 parking spots (with the potential for more at the back), this location offers prime exposure for a business looking to establish itself in a thriving area. The property was home to a successful convenience store for over 25 years, proving its value as a business location.This is a fantastic investment opportunity in a high-demand area, just minutes from Niagara-on-the-Lakes renowned wineries, shops, and attractions. Whether you're looking to run a business, rent out both units, or live upstairs while leasing the commercial space, this property offers flexibility and income potential. Contact us today for more details or to schedule a viewing.
Price $2,750,000
Taxes: $11,483
Tax Type: Annual
Occupancy by: Own+Ten
Address: 1530 NIAGARA STONE Rd , Niagara-on-the-Lake, L0S 1J0, Ontario
Postal Code: L0S 1J0
Province/State: Ontario
Legal Description: PT TWP LT 113 NIAGARA PT 1 TO 3 30R7755;
Lot Size: 64.89 x 254.71 (Feet)
Directions/Cross Streets: NIAGARA STONE ROAD
Zoning: C1
Category: Retail
Building Percentage: Y
Total Area: 3,842
Total Area Code:  Sq Ft
Office/Appartment Area: 1527
Office/Appartment Area Code: Sq Ft
Retail Area: 2315
Retail Area Code: Sq Ft
Taxes Expense: $11483
Insurance Expense: $7928
 Heat Expenses: $3705
 Hydro Expense:  $5825
Gross Income/Sales: $78300
Year Expenses: 0
Expenses Actual/Estimated: $Act
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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RE/MAX NIAGARA REALTY LTD, BROKERAGE

1530 NIAGARA STONE Rd , Niagara-on-the-Lake, L0S 1J0, Ontario


 
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Type: Com - Commercial/Retail
Area: Niagara
Municipality: Niagara-on-the-Lake
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Lot Size: 64.89 x 254.71(Feet)
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Tax: $11,483
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