14 Spencer Street, Edwardsburgh/Cardinal | Image 1
$579,900
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Health & Beauty Related

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 2687

  • MLS®#: X11985247

  • Added: Feb 24, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: RE/MAX ABSOLUTE REALTY INC.

Prime Mixed -Use Investment property in charming Spencerville ideally situated on the main road, just 20 minutes from Kemptville. This exceptional stone building offers a unique opportunity for an owner to live and work while earning rental income. Featuring 3 residential units, and a versatile commercial space, which at one time had a liquor license, making it ideal for a restaurant, retail shop, or other business venture. Parking at rear has 3 designated spots for the residential tenants only. The commercial space features 2 newly renovated bathrooms, a full kitchen, storage area, furnace area, and treatment room, rented at $1160/mo plus utilities. Apt 1 pays $897/mo all-in, Apt 2 pays $1330/mo plus hydro, Apt 3 pays $1230/mo all in . Landlords pay Water/Sewer every 3 months $859. Commercial tenants pay for Propane. Building equipped with security and cameras monitored and paid monthly, and cameras will stay. Water softener reverse osmosis and UV system owned and will stay. Commercial tenants own all equipment and furnishings. Perfect opportunity to own a piece of history in picturesque Spencerville, close to all town access points, including major highways, and popular trails. With strong community ties, financing and entrepeneurial resources and support, Spencerville offers opportunities beyond your imagination.

Property

  • Status: Sale

  • Type: Health & Beauty Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Edwardsburgh/Cardinal

  • Community: 807 - Edwardsburgh/Cardinal Twp

Inside

  • Bathrooms: 5

  • Air Conditioning: Part

  • Washrooms: 5

Utilities

  • Utilities: Available

Building

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 W/S SPENCER ST AND S OF CENTRE ST PL 40; PT LT 1 E/S SOU

  • Taxes: $2,687

  • Expenses: Est

  • Insurance Fee: 6768

  • Hydro Expense: 1800

  • Other Expenses: 336

  • Taxes Type: Annual

  • Taxes: 2687

  • Water Fees: 3436

Land

  • Cross Street: Centre St and Spence

  • Municipality District: Edwardsburgh/Cardinal

  • Parcel Number: 681410358

  • Lot Depth: 198.88 Acres

  • Lot Frontage: 30 Acres

  • Zoning: Commercial

Commercial Specific

  • Retail Area: 912

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2600

  • Total Area Metric: Sq Ft

  • Hours Open: 11-6

  • Days Open: 5

  • Lot Code: Building

  • Gross Income/Sales: 55415

Car-Dependent

  • Most errands require a car.
28 /100

Somewhat Bikeable

  • Most errands require a car.
36 /100
JK-6

South Edwardsburg Public School

Elementary: Public
12.27 km
JK-6

Centennial 67 Public School

Elementary: Public
0.35 km
7-8

South Grenville Intermediate School

Elementary: Public
13.87 km
JK-6

Wellington Elementary Public School

Elementary: Public
13.70 km
JK-6

Maynard Public School

Elementary: Public
13.40 km
JK-8

St. Mark Catholic School

Elementary: Catholic
13.56 km
Pre-Grade 9-12

École secondaire catholique Sainte-Marguerite-Bourgeoys, Kemptville

Secondary: Catholic
19.66 km
9-12

Seaway District High School

Secondary: Public
18.24 km
9-12

South Grenville District High School

Secondary: Public
13.83 km
9-12

St Michael High School

Secondary: Catholic
21.66 km
9-12

Brockville Collegiate Institute

Secondary: Public
29.52 km
9-12

North Grenville District High School

Secondary: Public
20.02 km
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