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88 Elliott Street Brampton, Ontario L6Y 1W3

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
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