108 Elgin St

Commercial/Retail | 0   | 0    | 5   | 0 sqft

$595,000

,Brantford,Ontario, N3S 5A3

108 Elgin St, Brantford Commercial/Retail Photos

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Property Info
MLS®: X8267622
Style of House: other
Bedrooms: 0
Bathrooms: 0
Last Updated: 2024-04-24
List Price: $595,000
Strata Fee: $0.00
Floor Area: 0 sq. ft
Unit Price: $595,000/sq. ft
Lot Size: 2910.68
Basement: Y
Tax Amount $3,878/Year
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Description

Introducing 108 Elgin, a gem located in the dynamic mix of residential and industrial zones. This dual-zoned (C7 and RIC) property has been extensively updated, incl. electrical systems, ceilings, plumbing, walls, flooring, and exterior features. Prime location w/easy access to downtown & major highways. Hosts a successful take-out restaurant, w/tenant in place on a 2-year lease, contributing $2000 monthly. Tenants responsible for own utility costs and cover 50% of property taxes. Also incl. five parking spaces. City regulations allow for two-storey secondary commercial unit of up to 225 square meters on the rear lot. Possibility to request a zoning change to residential, offering further opportunities.

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