For Sale - 46349 Sparta Line, Central Elgin, Ontario

Est payment $3,357/mo
Views   1
Time on Jump  11 day
  • Versatile five-unit property with both commercial and residential spaces available.
  • Three commercial units on the main level for various business uses.
  • Two residential apartments upstairs, one currently rented and one vacant.
  • Large unfinished space on the second floor offers expansion possibilities.
  • Ample parking and detached storage building enhance tenant and owner convenience.



Excellent investment opportunity in the historic village of sparta! This versatile five-unit commercial/residential property offers a great mix of income-producing space along with additional future potential. The main level features three separate commercial units, providing flexibility for a variety of businesses, professional services or retail uses. The second floor includes two residential apartments: a two-bedroom unit that is currently tenanted and a vacant one-bedroom unit, offering the opportunity for immediate occupancy or to select your own tenant. Also located on the second floor is a large unfinished open space that may offer potential for an additional residential unit or other use, subject to municipal approvals, zoning and required permits. The property offers ample on-site parking along with a large detached storage building at the rear, providing valuable additional space for tenants, owners or commercial users. An exceptional financing opportunity: the seller is willing to consider a vendor take-back (vtb) mortgage of up to 80% of the purchase price, subject to mutually acceptable terms and conditions. Further details are available to qualified interested parties. The current owner has resided the rear of the property, added a new accessible ramp and freshly painted the vacant apartment. With multiple income streams, a vacant residential unit, additional unfinished space and the potential for significant vendor financing, this is a unique opportunity for an investor or owner/operator looking to establish themselves in the charming community of sparta.
Listing IDX13865410
Address46349 Sparta Line
CityCentral Elgin, Ontario
Price$699,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Gas Forced Air ClosedSewer Septic
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46349 Sparta Line
Central Elgin , Ontario
$699,000
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