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88 Elliott Street Brampton (Downtown Brampton), Ontario L6Y 1W3

2 Bathroom 1400 sqft
Fully Air Conditioned Other

$1,788,000

Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income. **** EXTRAS **** This property can be purchased along with 25 Fraser, Brampton, ON, which is listed separately ( W9031079).23 Fraser is on the market as well. (id:31697)

Property Details

MLS® Number W9031098
Property Type Retail
Community Name Downtown Brampton
AmenitiesNearBy Public Transit
Features Irregular Lot Size
ParkingSpaceTotal 8

Building

BathroomTotal 2
Appliances Refrigerator, Stove
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
SizeDepth 50 Ft
SizeFrontage 123 Ft ,9 In
SizeIrregular Bldg=123.75 X 50 Ft ; Irregular Lot
SizeTotalText Bldg=123.75 X 50 Ft ; Irregular Lot
ZoningDescription Commercial

https://www.realtor.ca/real-estate/27152520/88-elliott-street-brampton-downtown-brampton-downtown-brampton

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