$1,599,000

About this property

Prime Mixed-Use Investment Opportunity in the Heart of Woodville. Welcome to 97 King Street in the charming and growing village of Woodville, where small-town charm meets exciting growth. With new residential developments and subdivisions expanding the community, this prominent main Street location offers an outstanding opportunity for investors seeking a stable, income-producing property. This impressive 5,000+ sq. ft. plus mixed-use commercial building is fully tenanted, providing immediate rental income. The main level features two established commercial tenants-a popular restaurant and a hair salon-benefiting from excellent visibility and steady traffic along the village's busy main thoroughfare. The upper level is home to four residential apartments, creating multiple revenue streams and enhancing the property's long-term investment appeal. Extensively updated throughout, this well-maintained building reflects pride of ownership and offers peace of mind for the next owner. Each unit is equipped with separately metered hydro, allowing for efficient utility management and simplified tenant billing. Rich in character and prominently situated in Woodville's historic downtown, this landmark property also reflects the area's heritage and architectural significance while offering strong income potential for years to come. (id:66946)

Features