2 Bathroom
1400 sqft
Fully Air Conditioned
Other
$1,750,000
Corner Free-Standing CommerciaDiscover an exceptional investment opportunity at 88 Elliott St in the vibrant heart of downtown Brampton. This prominent corner property combines commercial and residential spaces, offering a versatile investment ideal for both seasoned investors and owner-operators seeking a stable income with development potential. Property Highlights: Prime Downtown Location: Positioned just steps from Brampton GO Station, Algoma University, and numerous local amenities, this high-traffic area ensures outstanding visibility and foot traffic, boosting business potential for the well-established convenience store. Established Convenience Store: A neighborhood staple for decades, this convenience store brings steady, reliable income, delivering immediate value to your investment. Spacious Residential Apartment: The second floor houses a comfortable two-bedroom apartment, providing additional rental income or a convenient on-site living option for owner-operators, enhancing the property's versatility. Ample Parking: The property includes parking for 6-8 vehicles a rare and attractive feature in downtown Brampton, offering added convenience for customers and tenants. Development Potential: Zoned for commercial use, this property invites builders and investors to explore low-rise mixed-use development options, meeting the growing demand in central Brampton. Exceptional Accessibility: Located within a short walk to schools, parks, gyms (including the YMCA), and the new hospital. Brampton GO Station is just an 8-minute walk, Highway 410 is a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring seamless connectivity. This property combines steady income from a well-established business, rental potential from the residential apartment, and substantial development opportunities, making it a prime investment in one of Brampton's most desirable areas. Don't miss out schedule your viewing today and seize this premier investment opportunity! (id:35544)
Property Details
MLS® Number
|
W12088703 |
Property Type
|
Retail |
Community Name
|
Downtown Brampton |
AmenitiesNearBy
|
Public Transit |
ParkingSpaceTotal
|
8 |
Building
BathroomTotal
|
2 |
Appliances
|
Stove, Refrigerator |
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeExterior
|
1400 Sqft |
SizeInterior
|
1400 Sqft |
Type
|
Residential Commercial Mix |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Public Transit |
SizeIrregular
|
Bldg=123.75 X 50 Acre ; Irregular Lot |
SizeTotalText
|
Bldg=123.75 X 50 Acre ; Irregular Lot |
ZoningDescription
|
Commercial |