1133 Concession Street Russell, Ontario K4R 1C8
$1,200,000
Historic Mixed-Use Commercial Building in the Heart of Russell. Step into a piece of history with this century-old mixed-use commercial building, perfectly situated in the heart of Russell. This solid brick property offers an investment opportunity with 5 commercial units on the ground floor and 5 residential apartments on the second floor. One of which is currently vacant, and freshly renovated, allowing for immediate occupancy . Separate hydro meters for all units, ensuring ease of utility management and tenant responsibility. Natural gas heating for the commercial units, providing efficient and cost-effective climate control. Electric baseboard heating for the five residential apartments, allowing independent temperature control for tenants. Prime Location & Investment Potential: Located in the heart of Russell, this high-visibility property benefits from excellent foot traffic and a thriving local economy. Ideal for a mix of retail, office, and service-based businesses looking to establish themselves in a well-traveled area. Russell's growing population and strong community appeal make this an excellent long-term asset. Whether you're looking to expand your investment portfolio, or generate passive income, this historic property offers endless possibilities. Don't miss the chance to own a piece of Russell's history contact us today for more details or to schedule a private tour! (id:59524)
Property Details
| MLS® Number | X11970723 |
| Property Type | Retail |
| Community Name | 601 - Village of Russell |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 10 |
Building
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 8200 Sqft |
| SizeInterior | 8200 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 83 Ft ,10 In |
| SizeFrontage | 118 Ft |
| SizeIrregular | Bldg=118.02 X 83.91 Ft |
| SizeTotalText | Bldg=118.02 X 83.91 Ft |
| ZoningDescription | C3 - Retail Or Office With Residential Above |
https://www.realtor.ca/real-estate/27910438/1133-concession-street-russell-601-village-of-russell
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February 13 2025 04:21:56
Exp Realty