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Key Details
Sold Price $1,550,000
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,412 sqft
Price per Sqft $1,097
MLS Listing ID 40497250
Year Built 1909
Annual Tax Amount $3,837
Property Description
Rare opportunity to own an exceptional multi structure mixed-use Residential and Retail property on a large Commercially Zoned lot - fronting on one of the most picturesque streets in beautiful downtown Elora! Located in the Heritage Core of Lower Geddes Street across from Handscomb Glass Studio and the iconic Mermaid Shop doors, this one of a kind property houses Two Separate Structures: a gorgeously updated early 20th century Bungalow, as well as a recently renovated 320 sqft Retail Shop just steps off of Elora?s main street. The house is a beautifully renovated two bedroom, three bathroom residence featuring two Fireplaces, three Outdoor Terraces, a Commercial Kitchen and a finished basement. The Retail Space in the well-maintained ?Stable House?/Shop features new flooring and is both a versatile space and a highly coveted Retail Storefront in the Village. This unique mixed-use property offers multiple possibilities for entrepreneurial aspirations, presenting a wonderful chance to settle into a stunning Private Residence in the heart of Village while enjoying the income potential afforded by the ?Stable House,?- or to enjoy a multi component income-generating property by taking full advantage of the various possibilities afforded by the unique layout of the residence, its Rentable Commercial Kitchen, the Stable House Retail Space and the property?s C1 Zoning opportunities.
Location
Province ON
County Wellington
Area Centre Wellington
Zoning C1
Rooms
Kitchen 0
Exterior
Exterior Feature Storage
Garage Other
Utilities Available Electricity Connected, Natural Gas Connected, Recycling Pickup, Phone Connected
Waterfront No
Building
Lot Description Irregular Lot, City Lot, High Traffic Area
Story 1
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Other
New Construction No
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