$699,000

About this property

Prominently positioned on a corner lot at the Gateway to Downtown Kemptville, 616 Rideau Street benefits from excellent visibility from the County Road 43 & County Road 44 corridors - a real advantage for a business looking for exposure. With the expanded County Road 43, easy Highway 416 access & the continued growth of the community, the property offers an interesting opportunity for an owner-user, investor or developer looking for location, visibility, flexibility & future potential. Designated Downtown Commercial by the Municipality of North Grenville & cross-listed residential, the property features a substantial 2,272 sq. ft. above-grade building currently configured primarily as a residence, with multiple entrances, a flexible floor plan & on-site parking for up to 7 vehicles. A portion of the building also has a history of commercial/office use. Generous room sizes & an adaptable layout offer potential for professional or personal services, office, salon, wellness, studio or other commercial uses. For investors looking to work with what's already here, the upper level has rough-ins in place for a future second kitchen - existing infrastructure that may help support a future live/work or multi-unit conversion. The Downtown Commercial designation supports a broad range of potential uses. Buyers to complete their own due diligence regarding intended use & required approvals. Municipal water & sewer. Vacant with immediate occupancy available. Live/work, professional services, multi-unit or redevelopment - bring your plans & explore the possibilities. (id:66946)