5409 sqft
$1,999,900
DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (id:31697)
Business
Property Details
|
MLS® Number
|
40594971 |
|
Property Type
|
Retail |
|
AmenitiesNearBy
|
Schools |
|
CommunicationType
|
High Speed Internet |
|
CommunityFeatures
|
High Traffic Area |
|
Features
|
Southern Exposure |
|
ParkingSpaceTotal
|
8 |
Building
|
BasementType
|
None |
|
ConstructedDate
|
1910 |
|
ExteriorFinish
|
Brick, Metal |
|
StoriesTotal
|
2 |
|
SizeExterior
|
5409.0000 |
|
SizeInterior
|
5409 Sqft |
|
UtilityWater
|
Municipal Water |
Land
|
AccessType
|
Road Access |
|
Acreage
|
No |
|
LandAmenities
|
Schools |
|
Sewer
|
Municipal Sewage System |
|
SizeDepth
|
167 Ft |
|
SizeFrontage
|
50 Ft |
|
SizeTotalText
|
Under 1/2 Acre |
|
ZoningDescription
|
Cg |
Utilities
|
Electricity
|
Available |
|
Natural Gas
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/26952268/30-queen-street-w-elmvale
