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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 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
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