$4,100,000

212 Main St W

Palmerston, Minto, Ontario, N1G 2P0

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Prime Downtown Palmerston Commercial Property For Sale A Versatile Investment Opportunity!Description: An exceptional investment opportunity awaits in the heart of downtown Palmerston! This versatile commercial property boasts a strategic location and diverse income streams, making it a standout choice for savvy investors. The property includes three established restaurants, a laundromat, and multiple residential units designed to maximize profitability and cater to a wide range of tenants. Property Highlights: Three Restaurants: Well-established dining options with loyal customer bases, providing steady income and excellent growth potential. Laundromat: a conveniently located facility catering to residents and businesses, ensuring consistent revenue. Residential Units: Two 3-Bedroom Apartments: Spacious and well-maintained, perfect for families or professionals. Five 2-Bedroom Apartments: Ideal for couples, small families, or individuals seeking comfortable living in a prime location. Key Features: Prime Location: Situated in the bustling downtown area of Palmerston, ensuring high visibility and foot traffic. Substantial Rental Income: Multiple income streams from commercial and residential tenants. Turnkey Investment: Fully equipped and operational businesses with established customer bases. Parking: Ample parking is available for restaurant patrons, laundromat users, and apartment residents. Why Invest Here? Diversified Revenue Streams: Benefit from stable and diverse income sources across commercial and residential units. Growth Potential: Opportunity to further enhance profitability through targeted marketing, menu expansion, and property upgrades. Community Hub: Located in a vibrant downtown area, Seize this chance to acquire a prime commercial property in downtown Palmerston designed to deliver robust returns and long-term value. Whether you're an experienced investor or new to the market, this property offers unmatched potential and opportunity.

Property Info
MLS®: X9229472
Listing Courtesy of NU-VISTA PREMIERE REALTY INC.
Total Bedrooms 0
Total Bathrooms 0
Floor Space 0 sq.ft.
Lot Size 4679 sq.ft.
Style other
Last Updated 2024-07-28
Property Type Commercial/Retail
Listed Price $4,100,000
Unit Pricing $4,100,000/sq.ft.
Strata Fee $0.00
Tax Estimate $10,000/Year
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