1221 Lobsinger Line, Woolwich | Image 1

1221 Lobsinger Line

Woolwich

  • Commercial

$1,499,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: A

  • Age: No Data

  • Taxes: 14621.44

  • MLS®#: X9365518

  • Days on Site: 24 Days

  • Added: Sep 24, 2024 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: EXP REALTY

Prime Investment Opportunity - 1221 Lobsinger Line. This is the kind of property that investors dream about! Positioned on 2.49 acres in a high-visibility location, 1221 Lobsinger Line offers limitless potential for the savvy entrepreneur. Imagine running your own restaurant business with a commercial kitchen and banquet hall already in place, while living or earning additional income from the residential apartment upstairs. For the investor looking to expand even further, the single detached home beside the restaurant has the perfect layout and location to be converted into a bed and breakfast, capturing both local visitors and tourists passing through the area. With prime visibility and easy access to St. Jacobs and Waterloo, this property is a magnet for both local clientele and out-of-town visitors. Whether you're looking to create a one-of-a-kind dining destination or a live-and-work space, this is the perfect canvas. An investors dream, this property offers flexibility, high revenue potential, and room for growth. Don't let it slip away!

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Woolwich

  • Availability Date: Flexible

  • Assessment Amount: $805,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 15

Fees

  • Tax Year: 2023

  • Taxes: $14,621

  • Taxes Type: Annual

Land

  • Cross Street: Lobsinger Line

  • Municipality District: Woolwich

  • Parcel Number: 222360197

  • Lot Depth: 672.8 Feet

  • Lot Frontage: 165 Feet

  • Zoning: A

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/1221_lobsinger_line_waterloo_on/

Commercial Specific

  • Retail Area: 3450

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3449.96

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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