Elora, ON N0B 1S0,58 Geddes Street
Elora, ON N0B 1S0,58 Geddes Street
Elora, ON N0B 1S0,58 Geddes Street
$1,550,000
Est. payment /mo
$1,599,000
3.1%
Est.Price: ?

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1,412 SqFt
SOLD DATE : 11/01/2023

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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