14 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

$2,199,900

Property Type

Other

Transaction Type

For sale

Parking

8

MLS® Number

40858927

Interior Size

5676 sqft

Year Built

1990

Ownership Type

Freehold

Building Type

Residential Commercial Mix

Basement

Partial

Fireplace

No

Interior Size

5676 sqft

Stories

3

Water

Municipal water

Year Built

1990

Size Frontage

53 ft

Size Depth

132 ft

Acreage

No

Amenities Nearby

Hospital, Marina

• Visual exposure
• Hospital
• Marina

Ownership Type

Freehold