12 ONTARIO Street

TURNKEY MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF GRIMSBY! An excellent opportunity to acquire a fully tenanted mixed-use investment property in Downtown Grimsby. Featuring a strong mix of established commercial and residential tenants, providing diversified income and long-term investment stability. The property has benefited from significant capital improvements, including updated mechanicals, roofing/decking and landscaping, helping reduce near-term capital requirements. Excellent visibility, ample parking, easy highway access and a highly walkable downtown location add to the long-term appeal for both commercial and residential tenants. A well-positioned, income-producing asset in a growing Niagara community with strong long-term hold potential. This property is being offered exclusively together with the neighbouring property and both must be purchased as one transaction. (id:67197)

Price

$1,699,900

Property Type

Other

Transaction Type

For sale

Parking

7

MLS® Number

40858926

Interior Size

5647 sqft

Year Built

1990

Ownership Type

Freehold

Building Type

Residential Commercial Mix

Basement

Partial

Exterior Finish

Brick, Vinyl siding

Fireplace

No

Interior Size

5647 sqft

Stories

3

Water

Municipal water

Year Built

1990

Size Frontage

50 ft

Size Depth

131 ft

Acreage

No

Sewer

Municipal sewage system

Amenities Nearby

Hospital, Marina

• Visual exposure
• Paved driveway
• Hospital
• Marina

Ownership Type

Freehold