$2,750,000
Available - For Sale
Listing ID: X12007950
1530 NIAGARA STONE Rd , Niagara-on-the-Lake, L0S 1J0, Ontario
| A rare opportunity to own a mixed-use building in a high-visibility location. This two-storey property features a brand-new residential unit upstairs and a spacious commercial space on the main floor, making it an excellent investment for business owners, landlords, or those looking for a live-work opportunity.The top-floor residential unit has been completely gutted to the studs and rebuilt with all-new electrical, bathrooms, flooring, kitchen, laundry, and insulation. Every detail has been updated, creating a move-in-ready space with modern finishes. Offering approximately 1,500 sq. ft. of bright and comfortable living space, this unit is ideal for an owner-occupier or as a rental income source.The main-floor commercial space spans 2,300 sq. ft., with a 9-ft ceiling, one 2-piece bathroom, and an open-concept layout suitable for a variety of businesses, from retail to office or service-based industries. The space includes gas heating and a wall-unit air conditioner for year-round comfort. With excellent street frontage along a busy route and 4-6 parking spots (with the potential for more at the back), this location offers prime exposure for a business looking to establish itself in a thriving area. The property was home to a successful convenience store for over 25 years, proving its value as a business location.This is a fantastic investment opportunity in a high-demand area, just minutes from Niagara-on-the-Lakes renowned wineries, shops, and attractions. Whether you're looking to run a business, rent out both units, or live upstairs while leasing the commercial space, this property offers flexibility and income potential. Contact us today for more details or to schedule a viewing. |
| Price | $2,750,000 |
| Taxes: | $11483.00 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 1530 NIAGARA STONE Rd , Niagara-on-the-Lake, L0S 1J0, Ontario |
| Postal Code: | L0S 1J0 |
| Province/State: | Ontario |
| Legal Description: | PT TWP LT 113 NIAGARA PT 1 TO 3 30R7755; |
| Lot Size: | 64.89 x 254.71 (Feet) |
| Directions/Cross Streets: | NIAGARA STONE ROAD |
| Category: | Retail |
| Building Percentage: | Y |
| Total Area: | 3842.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 1527 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2315 |
| Retail Area Code: | Sq Ft |
| Taxes Expense: | $11483 |
| Insurance Expense: | $7928 |
| Heat Expenses: | $3705 |
| Hydro Expense: | $5825 |
| Gross Income/Sales: | $78300 |
| Year Expenses: | 0 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Niagara |
| Municipality: | Niagara-on-the-Lake |
| Lot Size: | 64.89 x 254.71(Feet) |
| Tax: | $11,483 |
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