118 Wellington Street W Merrickville-Wolford, Ontario K0G 1N0

2 Bedroom 2 Bathroom
Central Air Conditioning, Air Exchanger Forced Air

$998,000

Two-Bedroom Apartment; Business with Building Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws. Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately. (id:61594)

Property Details

MLS® Number X12840810
Property Type Single Family
Community Name 804 - Merrickville
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Basement Type None
Cooling Type Central Air Conditioning, Air Exchanger
Exterior Finish Stucco
Fire Protection Alarm System
Foundation Type Slab
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Residential Commercial Mix
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Size Depth 100 Ft
Size Frontage 50 Ft
Size Irregular 50 X 100 Ft
Size Total Text 50 X 100 Ft

https://www.realtor.ca/real-estate/29422359/118-wellington-street-w-merrickville-wolford-804-merrickville

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