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    For Sale - 14 Clinton Street, South Bruce, Ontario

    Est payment $2,641/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Mixed-use property with immediate residential income from fully occupied apartments.
    • Current rental income is $6,000 per month, totaling $72,000 annually.
    • Commercial space can generate an additional $30,000 when fully leased.
    • Total potential gross income of approximately $102,000 per year.
    • C1 zoning in a prime location with additional business opportunities.




    Investors - take a closer look at the numbers. This mixed-use property in the heart of teeswater combines immediate residential income with significant commercial upside. Four residential apartments are fully occupied, generating $6,000 per month / $72,000 per year in current gross rental income. The approximately 2,500 sq. Ft. Commercial component offers the opportunity to generate an additional $30,000 annually when fully leased, bringing potential total gross income to approximately $102,000 per year. At the current asking price of $549,000, that's a compelling income opportunity. The commercial space is being offered at $7. 00/sq. Ft. Plus approximately $5. 00/sq. Ft. Tmi and may also appeal to an owner/operator looking to run a business while the four apartments help carry the property. Approximately 5,000 sq. Ft. In total with c1 zoning and a prominent clinton street location. Buy the existing income and unlock the commercial potential.
    Listing IDX13721288
    Address14 Clinton Street
    CitySouth Bruce, Ontario
    Price$549,900
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Major HighwayBasement 1Heating / Cooling Gas Hot Water

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    Listing Agency:  SUTTON GROUP - SELECT 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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    14 Clinton Street
    South Bruce , Ontario
    $549,900
    Get more info