4,510 ft2
Waterfront On River
$2,699,900
Iconic Mixed-Use Investment Opportunity in Downtown Elora A rare chance to own a landmark stone building in the heart of highly sought-after downtown Elora. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity. Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while offering modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio overlooking the Grand River, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from Elora’s vibrant downtown energy and enduring demand. Whether you’re an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of Ontario’s most desirable small towns. Downtown Elora. Iconic setting. Proven income. Exceptional upside. (id:51300)
Property Details
| MLS® Number | 40797474 |
| Property Type | Other |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
| Sign Type | Pylon |
| Water Front Type | Waterfront On River |
Building
| Basement Type | Full |
| Exterior Finish | Stone |
| Foundation Type | Stone |
| Stories Total | 2 |
| Size Exterior | 4510.0000 |
| Size Interior | 4,510 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 137 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Surface Water | River/stream |
| Zoning Description | C1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29264573/13-e-mill-street-e-elora