Wingham, ON N0G 2W0,198 Josephine Street
Wingham, ON N0G 2W0,198 Josephine Street
Wingham, ON N0G 2W0,198 Josephine Street
$399,000
Est. payment /mo
$399,000
Est.Price: ?

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2,000 SqFt
SOLD DATE : 10/29/2024

Key Details

Sold Price $399,000

Property Type Commercial

Sub Type Store with Apt/Office,Building and Land

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $199

MLS Listing ID 40670026

Annual Tax Amount $7,642

Property Description

This commercial building is a fantastic investment opportunity for those looking to expand their real estate portfolio. Located on the Main Street of Wingham, this property features 2 rental units above the commercial space. The ground floor commercial space is currently vacant and ready for a new business to move in. The space boasts high ceilings, large windows, and an open floor plan, making it perfect for a variety of businesses. The space could be used as a retail store, restaurant, or office space, just to name a few possibilities. Above the commercial space, there are 2 rental units, which provide a steady stream of income. The units are both 2 bedroom, each unit is well-maintained, making them highly desirable to renters. Investing in this commercial building with rental units above is a smart move for those looking to diversify their portfolio and generate steady income. With a prime location, and modern amenities, this property is a rare find in today's real estate market.

Location

Province ON

County Huron

Area North Huron

Zoning R2 C4

Rooms

Kitchen 0

Exterior

Garage Gravel

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights

Waterfront No

Building

Lot Description Rectangular, City Lot, High Traffic Area, Highway Access, Hospital, Schools

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Vinyl Siding

New Construction No

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Listed by RE/MAX Land Exchange Ltd Brokerage (Wingham)

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