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Description
Prime Downtown Commercial Opportunity with Rental Income Heart of Markdale! Discover the perfect blend of history, charm, and modern functionality in this beautifully restored commercial building, ideally located in the growing town of Markdale. Built in 1875 and meticulously renovated from top to bottom, this turnkey property offers a rare opportunity for professionals and investors alike. The building features a fully updated street-level commercial office currently home to a real estate brokerage with an accessible ramp, tasteful finishes, and high visibility just half a block from Markdale's main intersection. Above, a bright and spacious one-bedroom apartment offers a comfortable living space, while a second one-bedroom unit on the ground floor provides additional rental income. Both apartments have been stylishly renovated, offering modern comfort within a character-filled structure. Significant upgrades include complete interior renovations, professionally re-tuck pointed brickwork, and updated mechanicals, providing peace of mind and reduced future maintenance. The property also boasts large private paved parking, a storage shed, and excellent curb appeal. Located in the heart of Markdales revitalized downtown core, this property is one of the few commercial buildings with on-site parking. The town is experiencing dynamic growth, supported by new residential subdivisions, a brand-new hospital, a new school, and Chapman's Ice Cream one of Grey Countys largest employers. Ideal for a working professional looking to offset office expenses with reliable rental income, or as a solid addition to an investment portfolio.
Overview
Property ID:
HML-689773831914
Type:
Office
Square:
2,100 ft2
Price:
$899,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Gas Forced Air Closed
ParkingFeatures:
None
YearBuilt:
100+
TaxAnnualAmount:
2298
PossessionDetails:
Flexible
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