view of building exterior Features: water meter, fence More Photos

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    For Sale - 50 Mill Street, Centre Wellington, Ontario

    Est payment $38,410/mo
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    Views   3
    Time on Jump  337 day

    AI Summary *

    • Historic property in the charming village of Elora by the Grand River.
    • Steps away from artisan shops, cafés, and galleries for vibrant living.
    • Stunning rear deck and stone patio overlooking the river for relaxation.
    • Commercial unit on main level ideal for a boutique or café.
    • Two separate two-bedroom apartments above offer income potential.




    In the heart of historic elora, where cobblestone charm meets the gentle flow of the grand river, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.
    Listing IDX12472597
    Address50 Mill Street
    CityCentre Wellington, Ontario
    Price$7,999,000
    Bed / Bath6 / 5 Full
    Style3-Storey, Store W Apt/Office
    ConstructionStone
    TypeResidential
    StatusFor Sale

    Subtype Store W Apt/OfficeIndoor Features Water Softener, Water Heater OwnedOwnership FreeholdWaterfront DirectBasement UnfinishedFoundation StoneHeating / Cooling BaseboardHeating Fuel Electric

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    Listing Agency:  ROYAL LEPAGE RCR REALTY

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