88 Elliott Street, Brampton | Image 1

88 Elliott Street

Brampton, Downtown Brampton

  • Commercial

$1,788,000
For Sale

Added 2 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: COMMERCIAL

  • Age: No Data

  • Taxes: 8098

  • MLS®#: W9031098

  • Days on Site: 61 Days

  • Added: Jul 05, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX ALL-STARS REALTY INC.

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.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Brampton

  • Community: Downtown Brampton

  • Availability Date: TBD

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Taxes: $8,098

  • Taxes Type: Annual

Land

  • Cross Street: ELLIOTT ST & FRASER

  • Municipality District: Brampton

  • Parcel Number: 140670107

  • Lot Depth: 50 Feet

  • Lot Frontage: 123.75 Feet

  • Lot Irregularities: Irregular Lot

  • Zoning: COMMERCIAL

Additional Media

  • Virtual Tour: https://www.winsold.com/tour/356680

Commercial Specific

  • Rail: N

  • Retail Area: 700

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1400

  • Total Area Metric: Sq Ft

  • Office Size: 700

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Crane: N

  • Lot Code: Building

  • Survey: Y

JK-6

Helen Wilson Public School

Elementary: Public
1.31 km
JK-8

St Mary Elementary School

Elementary: Catholic
0.64 km
JK-6

McHugh Public School

Elementary: Public
0.16 km
JK-8

Sir Winston Churchill Public School

Elementary: Public
1.39 km
6-8

Centennial Senior Public School

Elementary: Public
0.97 km
JK-6

Ridgeview Public School

Elementary: Public
0.70 km
9-12

Peel Alternative North

Secondary: Public
2.08 km
9-12

Archbishop Romero Catholic Secondary School

Secondary: Catholic
0.93 km
9-12

St Augustine Secondary School

Secondary: Catholic
2.34 km
9-12

Central Peel Secondary School

Secondary: Public
2.28 km
9-12

Cardinal Leger Secondary School

Secondary: Catholic
0.85 km
9-12

Brampton Centennial Secondary School

Secondary: Public
1.51 km
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