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    For Sale - 140 Main Street, Milton, Ontario

    Est payment $12,485/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Spacious mixed-use building with diverse commercial and residential opportunities.
    • Main floor features a well-established hair salon/barber shop.
    • Three self-contained apartments on the second floor offer rental income potential.
    • Prime location on Main Street with excellent visibility and accessibility.
    • Zoning allows for redevelopment and increased density possibilities.




    Rare 4,254 sf freestanding mixed-use investment opportunity on a 0. 10-acre site in the heart of downtown milton on main street east. Situated on a 33. 46' x 132. 74' lot with main street exposure, signage visibility and rear parking. Originally built in 1913, and substantially renovated in 1998, while adding a two-storey rear addition with 2 more apartments, the building offers approximately 2,077 sf on the main floor and 2,177 sf of residential space above. The main floor includes approximately 1,750 sf of retail space currently built out as a hair salon/barber shop, plus approximately 327 sf at the rear containing two small garage/storage areas, additional office with 1/2 bath and access to the second floor. Commercial space is serviced by forced-air gas heat (approx 5 yrs old) and central air conditioning. The second floor contains three self-contained apartments: unit 201 is approximately 1,025 sf with 2 bedrooms and 2 skylights; unit 202 is approximately 625 sf with 1 bedroom and a skylight; and unit 203 is approximately 500 sf with 1 bedroom and a skylight. Each apartment includes a 4-piece bathroom. Apartments feature electric baseboard heating and wall-mounted air conditioning. Building features 400-amp electrical service with separate metering for each tenant. Located within milton's central business district with cbd-a zoning permitting a wide variety of commercial and residential uses. The property also forms part of the husp urban area, offering significant redevelopment and intensification potential. The existing two-storey building does not represent the site's full development potential, with opportunities for additional building height and density, subject to applicable zoning, planning requirements and municipal approvals. Downtown location close to municipal parking and town hall, with convenient access to highway 401 via regional road 25. There is an information package on this property, please reach out to agent for a copy.
    Listing IDW13769136
    Address140 Main Street
    CityMilton, Ontario
    Price$2,600,000
    Bath5 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Recreation/Community CentreHeating / Cooling Gas Forced Air Open

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    Listing Brokerage: ROYAL LEPAGE MEADOWTOWNE 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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    140 Main Street
    Milton , Ontario
    5 $2,600,000
    Get more info