Message Number427118
statusActive
Subject Line40800 Grey Road 4 Mixed Use; Store with 2 residential Apartments
Business area
Canada
Ontario
Northern Ontario
Collingwood
Location, CityMaxwell, ON
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Business Opportunities
Apartment buildings/multi unit/condo townhouse projects/investments
Date of ListingJuly 6 2024
Type DescriptionStore with Residential Apartments
LocationCorner Site, Maxwell, ON
Price$459,000.00
Size4212 sq ft
Site area8761.81 sq ft
ZoningC2 Highway and Service Commercial
CommentsSituated in Maxwell, this mixed-use commercial building offers a unique investment and live-work opportunity. The building is strategically positioned at the intersection of Grey Rd 4 & 2, covering 4,212 sq ft of income-producing rental space zoned for C2 highway and service commercial use. The property comprises 3 residential and 1 commercial unit, providing a diversified income stream. Unit 1 spans 2,106 sq ft, Unit 2 covers 1,288 sq ft, and Unit 3 is a studio that integrates with the commercial space, also measuring 1,288 sq ft. Significant updates have been made to enhance the building's efficiency and comfort, including new windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an oil tank. The property also features two separate hydro meters for convenience and cost management. Ample parking space is available, with room for six vehicles, accommodating both res and com tenants. The res units are currently occupied by excellent long-term tenants on a month-to-month basis without formal leases, offering flexibility for new ownership. The location is unmatched, 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 makes it an attractive place to live, work, and play.
Internet Links
Member Identifier5860
ControlMLS
NameDenise Dilbey, CIPS, SRES,
TitleBroker
Company NameRoyal Lepage Meadowtowne Realty, Brokerage
Address Line One324 Guelph Street
CityGeorgetown
State/ProvinceOntario
Zip/Postal CodeL7G 4B5
CountryCanada
Business Phone Number(905)877-8262
Cell Number416-919-9802
Home Number416-919-9802
FAX Number905-877-0705
Email AddressSend Email
Home PageHome Page

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