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. |
Price | $1,898,000 |
Taxes: | $8098.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 88 Elliott St , Brampton, L6Y 1W3, Ontario |
Postal Code: | L6Y 1W3 |
Province/State: | Ontario |
Lot Size: | 123.75 x 50.00 (Feet) |
Directions/Cross Streets: | ELLIOTT ST & FRASER AVE |
Category: | Store With Apt/Office |
Building Percentage: | Y |
Total Area: | 1400.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 700 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 700 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit |
Sprinklers: | N |
Washrooms: | 2 |
Outside Storage: | Y |
Rail: | N |
Crane: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ALL-STARS REALTY INC. |
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Type: | Com - Store W/Apt/Office |
Area: | Peel |
Municipality: | Brampton |
Neighbourhood: | Downtown Brampton |
Lot Size: | 123.75 x 50.00(Feet) |
Tax: | $8,098 |
Baths: | 2 |