408002 GREY RD 4, Grey Highlands, Ontario, N0C 1J0

$449,000

MLS® # X9392199

Commercial For Sale In Grey Highlands, Ontario

$449,000

  • 7

    Bedrooms

  • 3

    Baths

    • {#

    58.5 x 150 FT

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    LOT SIZE

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Property Information:

Mixed-Use Commercial Building in Maxwell. Discover a unique investment opportunity with this strategically positioned mixed-use residential and commercial building. Occupying a prime location at the bustling intersection of Grey Rd 4 & 2, this property offers 4,212 square feet of income-producing rental space, zoned for C2 highway and service commercial use. The building comprises three residential units and one commercial unit, allowing for a diversified income stream. Residential Unit 1 is 2,106 square feet, Unit 2 is 1,288 square feet, and Unit 3, a studio, combines the commercial space and measures 1,288 square feet. Significant updates have been made to ensure the building's efficiency and comfort, including new windows, insulation, hot water tank (owned), shingles, eavestroughs, soffits, facia, a well water system, an upgraded hydro panel, and an oil tank. The property has two separate hydro meters for convenience and cost management. Parking is ample, with space for 6 vehicles, catering to residential and commercial tenants. The residential units are currently occupied by great long-term tenants on a month-to-month basis without a formal lease, offering flexibility for new ownership. The location is unparalleled. It is within a 30-minute drive of Collingwood and Blue Mountain and close to a range of amenities, including schools, trails, golf courses, conservation areas, provincial parks, Lake Eugenia, and Kolapore ski trails, making it an attractive place to live, work, and play. This property represents a rare opportunity to invest in a versatile building with a proven track record of income generation in a sought-after location. Whether you want to expand your investment portfolio or seek a live-work setup, this commercial mixed-use building in Maxwell offers potential. **** EXTRAS **** Rental Propane Tank is currently the responsibility of the tenant. New windows, insulation, hot water tank 2022 (owned), shingles 2015, eavestroughs, soffits, facia, a well water system 2019, an upgraded hydro panel, and an oil tank 2023. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: Partial
  • Construction Status: Insulation upgraded
  • Exterior Finish: Brick, Steel
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Foundation Type: Concrete, Stone
  • Heating Type: Forced air
  • Heating Fuel: Oil
  • Cooling Type: Window air conditioner
  • Appliances: Central Vacuum, Water purifier, Water Treatment

Property Features:

  • Property Type: Retail
  • Bedrooms: 7
  • Bathrooms: 3
  • Amenities Nearby: Schools
  • Features: Level lot, Irregular lot size, Flat site, Dry
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 58.5 Feet
  • Lot Size: 58.5 x 150 FT
  • Structure Type: Porch, Shed
  • Utility Type: , DSL* - Unknown, Wireless - Available
  • Zoning: C2 Store with Legal 2 Residential Units
  • Sewer: Septic System
  • No. of Parking Spaces: 6

Rooms:

  • 5th Bedroom 2nd Level 3.97 x 2.74
  • Bedroom 2nd Level 3.97 x 2.74
  • 2nd Bedroom 2nd Level 4.3 x 2.44
  • 3rd Bedroom 2nd Level 4.3 x 3.38
  • 4th Bedroom 2nd Level 4.3 x 3.38
  • Living 2nd Level 4.91 x 4.33
  • Kitchen 2nd Level 3.98 x 3.97
  • Office Main Level 2.74 x 2.74
  • Office Main Level 11.34 x 5.82
  • Bedroom Main Level 6 x 4.66
  • Living Main Level 4.66 x 4.66
  • Kitchen Main Level 5.33 x 3.8

Courtesy of: Royal LePage Meadowtowne Realty

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Additional Photos