For Sale

$549,000

35 Main Street West, Ridgetown, ON N0P 1C0

0 Beds

Remarks

Large mixed use commercial/residential building with a premium Main Street location in beautiful Ridgetown. 2 street level storefronts, 3 residential apartments on the second floor, and a full basement. The larger storefront is approx 1200 square feet, bright and updated with a 2pc bathroom and is occupied by a seasonal ice cream shop ($1200/month). The second main floor unit is approximately 700 square feet with an exposed brick wall, restored tin ceiling, and a 2pc bath, rented to a vape shop ($750/month). There is a roughly 900 square foot addition at the back of the main floor that could be finished into more rentable commercial space or living accommodations. The 3 bedroom apartment is very spacious and nicely updated with a beautiful kitchen, 4pc bathroom, tall ceilings, large rooms throughout and in-suite laundry ($1400/month). The 2 bedroom apartment is also updated with 4pc bathroom ($1200/month). The 1 bedroom apartment is a great bachelor pad with a 4 pc bathroom ($725/month). Total yearly income $63,300. Recent updates: brick facade repointed, upper windows, furnace/ac, back addition roof. A fantastic investment opportunity is a growing small town. Call now!

Property Summary

  • Built in: 1890
  • Bedrooms: 0
  • Zoning: UC(CBD)

Property Features:

  • District:
    Howard Twsp
  • Geocode Source:
    Manual
  • Heating Cooling:
    Baseboard Heaters , Central Air Conditioning , Furnace
  • Heating Fuel:
    Electric , Natural Gas
  • IND Elevators:
    None
  • IND Parking:
    On Site
  • IND Power:
    AMPS
  • IND Sq Footage:
    Investment Property , Retail
  • IND Style:
    Multi-Storey , Multi-Unit
  • IND Type:
    Investment Property , Residential , Retail
  • Major Area:
    Chatham-Kent
  • Occupancy:
    Tenant
  • Property Is:
    Building & Land
  • Property SubTypes:
    Investment Property , Residential , Retail
  • PropertyType:
    Industrial/Commercial
  • Sewer:
    Sanitary
  • Sewer Availability:
    Connected
  • Showings:
    []
  • Side Of Road:
    North
  • SiteInfluences:
    High Traffic Location , Visual Exposure
  • Sub District:
    RI
  • Tax Year:
    []
  • Title:
    Freehold
  • Water:
    Municipal Water
  • Water Availability:
    Connected
Lifestyle
Neighbourhood Info
Eric FitzGerald

Eric FitzGerald

Sales Representative

Phone:  519.354.5470

Mobile:  519.436.4865

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Royal LePage Peifer Realty, Brokerage (Independently owned and operated)

425 McNaughton AVENUE WEST
Chatham,  ON N7L 4K4

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