view of front facade with a chimney and stone siding Features: stone siding, shingle roof, concrete foundation, downspout, chimney More Photos

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    For Sale - 13 Mill Street, Centre Wellington, Ontario

    Est payment $11,040/mo
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    Views   1
    Time on Jump  8 day

    AI Summary *

    • Rare landmark stone building on the river in downtown Elora.
    • Income-generating property with residential units and a successful restaurant.
    • Modern updates with timeless stone craftsmanship throughout the building.
    • Full-service restaurant patio with views of the Grand River.
    • High-traffic location surrounded by boutiques and strong foot traffic.




    An incredibly rare chance to own a landmark stone building on the river in the heart of highly sought-after show piece downtown of elora ontario. Year round income with a proven cap rate with even more room to grow the bottom line. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity. Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while boasting modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio backing right on to the grand river, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from elora's vibrant downtown energy and enduring demand. Whether you're an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of ontario's most desirable small towns. Come see why elora is the answer.
    Listing IDX12988202
    Address13 Mill Street
    CityCentre Wellington, Ontario
    Price$2,299,000
    Bath4 Full
    StyleCommercial Retail
    Land Size4658
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Greenbelt/Conservation, Major HighwayBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Agency:  RE/MAX Real Estate Centre Inc

    * 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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    13 Mill Street
    Centre Wellington , Ontario
    4 $2,299,000
    Get more info