32 Arthur Street S new

Elmira,ON N3B 2M7

$ 1090000

0 Bed

- Bath

4894 SqFt


Key Details

Property Type Commercial

Sub Type Retail,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,894 sqft

Price per Sqft $222

MLS Listing ID 40770938

Abv Grd Liv Area 4,894

Annual Tax Amount $10,326

Lot Size 0.810 Acres

Acres 0.81

Property Sub-Type Retail,Building and Land

Source Cornerstone

Property Description

Prime investment opportunity in downtown Elmira. This fully leased commercial building generates net rent of $5,500 per month on a 5-year lease with 2% annual increases. The pub, occupies the main and second floors, with additional basement space supporting operations. The property offers two dedicated parking spaces along with ample municipal parking at the rear and on-street. Situated at the heart of Elmira, this property benefits from high visibility and strong foot traffic, surrounded by thriving local businesses, services, and community amenities. A stable, income-producing asset in a growing town just minutes from Waterloo and the broader Region. BUILDING ONLY

Location

Province ON

County Waterloo

Area 5 - Woolwich And Wellesley Township

Zoning C-1

Direction Arthur St S, Adjacent to Mill St.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 35.07

Lot Depth 101.07

Garage No

Building

Lot Description Other

Faces Arthur St S, Adjacent to Mill St.

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 222230117

Ownership Freehold/None

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