48 Ontario Ave Elliot Lake, Ontario P5A 1Y1

2,000 sqft
Forced Air, Space Heater

$299,999

Income-generating mixed-use opportunity in central Elliot Lake. This property features over 1,000 sq.ft of main-floor commercial space plus over a 1,000 sq.ft two bedroom apartment above-offering strong potential for investors or owner-operators. The upper unit is a bright, open-concept 2-bedroom apartment, capable of generating approximately $1,000/month in rental income. The main-floor commercial space includes: Dedicated washroom, Basement storage, Flexible layout suitable for a variety of business uses. Zoned for mixed-use, the property offers excellent upside for : Retail or service-based businesses, Live/work ownership, Investors seeking dual-income streams. A great opportunity to add value through leasing or customizing the commercial space. (id:47351)

Business

Business Type Other, Residential
Business Sub Type Offices, Residential

Property Details

MLS® Number SM260878
Property Type Other
Community Name Elliot Lake
Communication Type High Speed Internet
Community Features Bus Route
Features Office Space, Energy Efficient
Structure Workshop

Building

Age Over 26 Years
Amenities Living Accommodation, Storefront, Street Lighting
Basement Type Full
Exterior Finish Aluminum Siding
Heating Fuel Natural Gas
Heating Type Forced Air, Space Heater
Size Interior 2,000 Sqft
Utility Water Municipal Water

Parking

Other
Surfaced

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 28.7000
Size Total Text Under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/29701848/48-ontario-ave-elliot-lake-elliot-lake