2 Bathroom
1400 sqft
Fully Air Conditioned
Other
$1,750,000
Corner Free-Standing Commercial Building with Residential Apartment 88 Elliott St, Brampton Unlock a premier investment opportunity at 88 Elliott St, situated in the thriving heart of downtown Brampton. This prominent corner property offers a seamless blend of commercial and residential spaces, making it an ideal asset for investors or owner-operators seeking steady income with exciting development potential. Property Highlights: Prime Downtown Location: Located steps from Brampton GO Station, Algoma University, and various local amenities, this high-traffic area provides exceptional visibility and foot traffic, enhancing business potential for the long-established convenience store. Established Convenience Store: A neighborhood favorite for decades, this convenience store delivers a steady income stream, adding immediate value to your investment. Spacious Residential Apartment: The second floor features a comfortable two-bedroom apartment, offering rental income potential or a live-on-site option for owner-operators, enhancing versatility. Ample Parking: With space for 6-8 cars, this large lot offers a rare convenience in downtown Brampton, benefiting both customers and tenants. Development Potential: Zoned for commercial use, this property invites builders and investors to explore the opportunity for a low-rise mixed-use development, meeting the growing demand in Brampton's core. Convenient Access: Within a short walk to schools, parks, gyms (including the YMCA), and the new hospital, with Brampton GO Station just an 8-minute walk away. Highway 410 is only a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring easy connectivity. This property combines the reliable income of a well-established business, rental potential from the residential space, and attractive development opportunities, making it a top-tier investment in one of Brampton's most sought-after areas. Don't miss this chance schedule your viewing today! (id:35544)
Property Details
MLS® Number
|
W12088699 |
Property Type
|
Business |
Community Name
|
Downtown Brampton |
AmenitiesNearBy
|
Highway, Public Transit |
Features
|
Irregular Lot Size |
ParkingSpaceTotal
|
6 |
Building
BathroomTotal
|
2 |
Appliances
|
Stove, Refrigerator |
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeExterior
|
1400 Sqft |
SizeInterior
|
1400 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Highway, Public Transit |
SizeDepth
|
50 Ft |
SizeFrontage
|
123 Ft ,9 In |
SizeIrregular
|
Bldg=123.75 X 50 Ft ; Irregular Lot |
SizeTotalText
|
Bldg=123.75 X 50 Ft ; Irregular Lot |
ZoningDescription
|
Commercial |