5037 sqft
None
Forced Air
Acreage
$1,299,900
Outstanding Investment Opportunity Just 5 Minutes from Orangeville! This prime 1.01 acre corner property with C2 Highway Commercial zoning offers exceptional income potential with an estimated potential 10% cap rate if tenanted at estimated market rents and offers a diverse array of potential permitted uses. Ideal for investors or owner/operators seeking cash flow & versatility. The property features two self-contained 2-bedroom apartments with 1 washroom each, providing rental income or convenient on-site living. Auto mechanic garage includes 2 bays, office, washroom, and optional equipment available (2 hoists, wheel alignment machine, air compressor, some tools etc.). Restaurant with kitchen, dining area & 2 washrooms offers opportunity for an additional income stream or owner-use potential. 2 septic systems & drilled well. C2 Zoning can permit multiple possible uses depending on Town approval such as vehicle repair, gas bar, restaurant, retail, office, greenhouse, storage facility, hotel/ motel, or recreation. A Clean Phase 2 Environmental Report (2017) is available. This is a rare chance to own a versatile, income-generating property in a high-traffic location. Don't miss this opportunity! (id:58549)
Business
|
Business Type
|
Automobile |
|
Business Sub Type
|
Automotive |
Property Details
|
MLS® Number
|
X12458239 |
|
Property Type
|
Retail |
|
Community Name
|
Rural Amaranth |
|
Equipment Type
|
Propane Tank |
|
Features
|
Irregular Lot Size |
|
Parking Space Total
|
10 |
|
Rental Equipment Type
|
Propane Tank |
Building
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
5037 Sqft |
|
Utility Water
|
Drilled Well |
Land
|
Acreage
|
Yes |
|
Sewer
|
Septic System |
|
Size Depth
|
200 Ft ,2 In |
|
Size Frontage
|
192 Ft ,2 In |
|
Size Irregular
|
1.01 |
|
Size Total
|
1.01 Ac |
|
Size Total Text
|
1.01 Ac |
|
Zoning Description
|
C2 - Highway Commercial |
https://www.realtor.ca/real-estate/28980845/204369-dufferin-109-road-amaranth-rural-amaranth