Added 1 month ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Hospitality/Food Related
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Zoning: C7, R1C
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Age: No Data
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Taxes: 3878.01
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MLS®#: X8267622
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Days on Site: 34 Days
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Added: Mar 21, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: REAL BROKER ONTARIO LTD., BROKERAGE
Introducing 108 Elgin, a gem located in the dynamic mix of residential and industrial zones. This dual-zoned (C7 and RIC) property has been extensively updated, incl. electrical systems, ceilings, plumbing, walls, flooring, and exterior features. Prime location w/easy access to downtown & major highways. Hosts a successful take-out restaurant, w/tenant in place on a 2-year lease, contributing $2000 monthly. Tenants responsible for own utility costs and cover 50% of property taxes. Also incl. five parking spaces. City regulations allow for two-storey secondary commercial unit of up to 225 square meters on the rear lot. Possibility to request a zoning change to residential, offering further opportunities.
Extras
**INTERBOARD LISTING: OAKVILLE, MILTON & DISTRICT R. E. ASSOC**
Property
Status: Sale
Type: Hospitality/Food Related
Property Type: Commercial/Retail
Property Type: Service
Area: Brantford
Availability Date: TBD
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Baseboard
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 5
Fees
Tax Year: 2023
Tax Legal Description: PLAN 89 PT LOT 13 RP 2R7642 PART 2 N ELGIN
Taxes: $3,878
Taxes Type: Annual
Land
Cross Street: Elgin St & Murray St
Municipality District: Brantford
Lot Depth: 121.99 Feet
Lot Frontage: 23.86 Feet
Zoning: C7, R1C
Additional Media
- Virtual Tour: https://www.youtube.com/watch?v=MEoTfHfmQ50
Commercial Specific
Rail: N
Retail Area: 296
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 3961.12
Total Area Metric: Sq Ft
Lot Code: Lot
Graham Bell-Victoria Public School
Elementary: PublicCentral Public School
Elementary: PublicPrince Charles Public School
Elementary: PublicHoly Cross School
Elementary: CatholicMajor Ballachey Public School
Elementary: PublicKing George School
Elementary: PublicSt. Mary Catholic Learning Centre
Secondary: CatholicGrand Erie Learning Alternatives
Secondary: PublicPauline Johnson Collegiate and Vocational School
Secondary: PublicSt John's College
Secondary: CatholicNorth Park Collegiate and Vocational School
Secondary: PublicBrantford Collegiate Institute and Vocational School
Secondary: Public
