Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor.The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented. A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality.With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates. An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core. (id:56069)
| MLS® Number | X12711804 |
| Property Type | Business |
| Community Name | NW |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 3200 Sqft |
| Size Interior | 3,200 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 156 Ft |
| Size Frontage | 33 Ft ,4 In |
| Size Irregular | Bldg=33.4 X 156 Ft |
| Size Total Text | Bldg=33.4 X 156 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29268892/79-front-street-w-strathroy-caradoc-nw-nw
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Cory Mcarthur
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