128 Talbot Street E Aylmer, Ontario N5H 1H5
$1,299,888
Exceptional investment opportunity in the heart of Aylmer! This freestanding, mixed-use commercial/residential building, zoned C1, offers approximately 10,000 sq. ft. of versatile space with tremendous income potential. The ground floor is 50% occupied by a Ukrainian restaurant, currently in the second year of a five-year lease, generating $4,000 in monthly rental income. The remaining 50% has been gutted and offers an opportunity for customization, with plans previously envisioned for a coin-operated laundromat and ample electrical capacity already in place. The second floor features 18 self-contained bachelor units, with vacant possession to be provided to the new owner on completion date. Additional highlights include ample side parking and street parking, newer flat and sloped roofing, a newer furnace, and updated plumbing with PVC piping. An outstanding opportunity for investors, developers and entrepreneurs seeking a property with multiple income streams and exciting potential to add value. Explore the possibilities this unique property has to offer! (id:62692)
Property Details
| MLS® Number | X14087934 |
| Property Type | Retail |
| Community Name | Aylmer |
| Farm Type | Other |
| Parking Space Total | 10 |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Coil Fan, Forced Air |
| Size Interior | 10,000 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 132 Ft |
| Size Frontage | 94 Ft ,7 In |
| Size Irregular | 94.62 X 132 Ft |
| Size Total Text | 94.62 X 132 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/30412475/128-talbot-street-e-aylmer-aylmer
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