Royal LePage Don Hamilton Real Estate Brokerage
126 Main Street S Guelph/eramosa, Ontario N0B 2K0
$1,050,000
Incredible investment opportunity in downtown Rockwood! This fully tenanted, freestanding mixed-use property at 126 Main Street South offers a gross rental income of $69,600 annually, making it an excellent addition to any portfolio. The property features three income-generating units: a main floor commercial space leased on a 5-year term, a spacious second-floor three-bedroom residential unit, and a two-bedroom basement apartment, all with in-suite laundry. Zoned C1 under Guelph/Eramosa, the building supports a variety of business ventures, enhancing its long-term investment potential. A recent building inspection has been completed, providing peace of mind for buyers. Parking for four vehicles is available at the rear, with additional street parking offering convenience for tenants and customers alike. Located just 15 minutes from Guelph and 25 minutes from Milton, Rockwood is a growing community, blending small-town charm with excellent accessibility. The downtown location ensures high visibility for commercial tenants and convenience for residential occupants, promoting long-term tenant satisfaction and retention. With Rockwood's real estate market demonstrating robust growth and demand, this property stands out as a prime opportunity for investors seeking stable returns in a thriving area. (id:51300)
Property Details
| MLS® Number | X11945535 |
| Property Type | Retail |
| Neigbourhood | Rockcut |
| Community Name | Rockwood |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,295 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 132 Ft |
| Size Frontage | 38 Ft |
| Size Irregular | 38 X 132 Ft |
| Size Total Text | 38 X 132 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/27853981/126-main-street-s-guelpheramosa-rockwood-rockwood
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January 29 2025 06:59:31
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