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    For Sale - 4 Elgin Street, Arnprior, Ontario

    Est payment $4,081/mo
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    Views   1
    Time on Jump  13 day

    AI Summary *

    • Fully leased mixed-use investment property in a prime downtown location.
    • Approximately 1,997 sq/ft of commercial retail space with established tenant.
    • Upper level features a renovated loft-style apartment with abundant natural light.
    • Both tenants pay their own utilities, reducing operating expenses.
    • Estimated cap rate of about 6.0% for solid investment potential.




    Rare downtown arnprior mixed-use investment property - fully leased. An exceptional opportunity to acquire a fully leased, income-producing mixed-use investment property in the heart of downtown arnprior. Located at the highly visible corner of elgin street west and daniel street, this landmark commercial and residential building offers strong cash flow, diversified rental income, and long-term appreciation potential in one of eastern ontario's fastest-growing real estate markets. This prominent downtown investment property features approximately 1,997 sq/ft. Of prime commercial retail space on the main floor, occupied by an established tenant. Positioned in a high-traffic location with excellent pedestrian exposure and vehicle visibility, the commercial component provides stable income and strong tenant appeal within arnprior's thriving downtown business district. The upper level consists of a beautifully renovated 1,337 sq/ft. Loft-style apartment, combining historic charm with modern amenities. This sought-after residential rental unit features exposed brick walls, large windows, abundant natural light, an open-concept layout, two spacious bedrooms plus a den or home office, in-suite laundry, and picturesque views of the madawaska and ottawa rivers. With both tenants in place and paying their own utilities, the property benefits from reduced operating expenses, efficient management, and dependable monthly cash flow. Based on current income and operating costs, the building offers an estimated (cap rate) of approximately 6. 0%, making it an attractive commercial real estate investment for investors seeking yield, stability, and long-term wealth creation. Opportunities to purchase a fully leased mixed-use building in downtown arnprior are limited. This investment property combines a high-profile corner location, established tenancy, strong rental demand, renovated residential accommodations, and the enduring value of a historic downtown commercial building.
    Listing IDX13449350
    Address4 Elgin Street
    CityArnprior, Ontario
    Price$849,900
    Bath4 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Recreation/Community CentreBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  ROYAL LEPAGE TEAM 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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    4 Elgin Street
    Arnprior , Ontario
    4 $849,900
    Get more info