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    For Sale - 118 Wellington Street, Merrickville-Wolford, Ontario

    Est payment $4,792/mo
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    Views   2
    Time on Jump  52 day

    AI Summary *

    • Turnkey business opportunity with significant growth potential and part-time operation.
    • Renovated two-bedroom apartment for extra rental income or live-work setup.
    • High demand for olive oil products, benefiting from health and flavor trends.
    • Prime location in a tourist destination with high foot traffic and parking.
    • Zoned for various expansion options, ideal for bringing new concepts or building.




    Two-bedroom apartment; business with building included in the sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "the joy of olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and hvac. Situated on a 49' x 103' lot with c1 zoning, the site offers various expansion options under the merrickville zoning bylaws. Located in one of eastern ontario's premier tourist destinations along the historic rideau waterway (a unesco world heritage site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately.
    Listing IDX12840810
    Address118 Wellington Street
    CityMerrickville-Wolford, Ontario
    Price$998,000
    Bed / Bath2 / 2 Full
    Style2-Storey, Store W Apt/Office
    ConstructionStucco (Plaster)
    TypeResidential
    StatusFor Sale

    Subtype Store W Apt/OfficeIndoor Features Air Exchanger, Accessory Apartment, StorageOwnership FreeholdBasement NoneFoundation SlabHeating / Cooling Forced AirHeating Fuel Gas

    Parking 4.00
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    Listing Agency:  RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    118 Wellington Street
    Merrickville-Wolford , Ontario
    2 2 $998,000
    Get more info