65 Maitland Terrace, Strathroy-Caradoc | Image 1

65 Maitland Terrace

Strathroy-Caradoc, SW

  • Commercial

$1,199,900
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: C-1

  • Age: 31-50 years

  • Taxes: 6600

  • MLS®#: X8287034

  • Days on Site: 14 Days

  • Added: Apr 17, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: BLUE FOREST REALTY INC.

Investors, take note of this incredible opportunity presented by a commercial/residential building! Located in a prime spot near the downtown core, this property in the thriving Town of Strathroy holds immense potential. Boasting nearly 6000 sq ft of commercial space and 12 parking spaces, it offers a significant advantage for those looking to own an income-generating property. The main floor features 12 ft ceilings with fire-rated drywall and is currently operating as a restaurant. However, it can easily be transformed into a personal care service, pharmacy, medical clinic, club, event hall, and more. Constructed approximately 18 years ago, the property also includes a separate entrance leading to a 2100 sq ft apartment. This apartment comprises 4 bedrooms, 2 baths, a living room, updated flooring, its own heating and cooling system, and a spacious patio that has the potential to generate $2800 to $3000 per month. With two separate entrances on the main floor, there is even an opportunity to partition a section of the building for additional income potential. Additional features of the property include an 8' x 14' walk-in cooler, ample storage, all-new electrical wiring (3 phase 120V/208V), and a split A/C-heat pump system that serves the main floor. For more information, please reach out to me directly.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 31-50

  • Area: Strathroy-Caradoc

  • Community: SW

  • Availability Date: Flexible

  • Assessment Amount: $331,000

  • Assessment Year: 2024

Building

  • Basement: N

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 97, 34PL104 ; STRATHROY

  • Taxes: $6,600

  • Insurance Fee: 5400

  • Hydro Expense: 15600

  • Heat Expenses: 3600

Land

  • Cross Street: Caradoc St S

  • Municipality District: Strathroy-Caradoc

  • Parcel Number: 096100049

  • Sewer: Sewers

  • Lot Depth: 132.34 Feet

  • Lot Frontage: 66.17 Feet

  • Zoning: C-1

Additional Media

  • Virtual Tour: http://tours.clubtours.ca/vtnb/346126

Commercial Specific

  • Retail Area: 5357

  • Total Area: 7463

  • Total Area Metric: Sq Ft

  • Office Size: 2106

  • Business/Building Name: Jedas Market Cafe Party Rentals

JK-8

Caradoc North School

Elementary: Public
4.04 km
JK-8

St Vincent de Paul Separate School

Elementary: Catholic
0.91 km
K-8

J. S. Buchanan French Immersion Public School

Elementary: Public
0.62 km
JK-8

Our Lady Immaculate School

Elementary: Catholic
0.67 km
JK-8

North Meadows Elementary School

Elementary: Public
2.23 km
JK-8

Mary Wright Public School

Elementary: Public
1.33 km
9-12

North Middlesex District High School

Secondary: Public
22.79 km
9-12

Glencoe District High School

Secondary: Public
24.46 km
9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
3.22 km
9-12

St. Andre Bessette Secondary School

Secondary: Catholic
24.87 km
9-12

St Thomas Aquinas Secondary School

Secondary: Catholic
23.47 km
9-12

Strathroy District Collegiate Institute

Secondary: Public
3.21 km
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