Investment opportunity: 58.5ft x 150 ft corner lot with prime mixed-use building at Grey Rd 4 & 2 in Maxwell. 4,212 sq ft with income from 2 residential units and 1 commercial unit. Many updates in a great location. This commercial investment opportunity in Maxwell with this mixed-use C2 highway and service commercial zoned building. Offering 4,212 sq ft of income-producing rental space, this property is strategically positioned at the busy corner of Grey Rd 4 & 2, making it an ideal location for business. The building includes Residential Unit 1 at 2,106 sq ft, Residential Unit 2 at 1,288 sq ft, and Residential Unit 3, a 1,288 sq ft studio combined with Commercial Unit 4. Significant updates ensure the building's efficiency and comfort, featuring windows, insulation, a hot water tank (owned), shingles, eavestroughs, soffits, fascia, a well water system, hydro panel, and an oil tank [2023]. Two separate hydro meters provide convenience and cost management, while ample parking for 6 vehicles caters to both residential and commercial tenants. Currently, the residential units are occupied by long-term tenants on a month-to-month basis, offering flexibility for new ownership. Located within a 30-minute drive of Collingwood and Blue Mountain and close to various amenities such as schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, this property is an attractive place to live, work, and play. With a proven track record of income generation, this versatile building is a rare opportunity to expand your investment portfolio or establish a live-work setup. Do not miss out on this exceptional commercial investment in Maxwell. **** EXTRAS **** Tenants on month to month leases. Retail space current shared with 3rd residential tenant. Great location corner location for re-purpose. Building has no historical value. (id:51300)
MLS® Number | X8492152 |
Property Type | Retail |
Community Name | Rural Grey Highlands |
AmenitiesNearBy | Highway, Ski Hill |
ParkingSpaceTotal | 6 |
BathroomTotal | 3 |
BedroomsTotal | 7 |
CoolingType | Partially Air Conditioned |
HeatingFuel | Oil |
HeatingType | Forced Air |
SizeInterior | 4212 Sqft |
Type | Residential Commercial Mix |
Acreage | No |
LandAmenities | Highway, Ski Hill |
Sewer | Septic System |
SizeDepth | 150 Ft |
SizeFrontage | 58 Ft ,6 In |
SizeIrregular | 58.5 X 150 Ft |
SizeTotalText | 58.5 X 150 Ft |
ZoningDescription | C2 Highway And Service Commercial |
https://www.realtor.ca/real-estate/27110364/408002-grey-rd-4-grey-highlands-rural-grey-highlands
Denise Dilbey
Broker