Welcome to 39 Arthur Street, a rare mixed-use investment opportunity in the heart of downtown Elmira. Positioned on a prominent corner lot along one of the community's most recognizable commercial corridors, this well-maintained property offers multiple potential revenue streams through its commercial and residential components.The main floor features an established restaurant space that has operated successfully for over 20 years and includes a full commercial kitchen, large exhaust hood, ample preparation and storage areas, and a liquor licence for up to 90 seats. A portion of the restaurant's operational footprint is leased from the neighbouring property for $1,700 per month plus HST, providing valuable additional dining and functional space.The upper level contains a spacious three-bedroom apartment, offering further rental-income potential. With its proven commercial history, residential component, prominent downtown location, and long-term upside, 39 Arthur Street represents an attractive opportunity for investors seeking a versatile mixed-use asset in a desirable Waterloo Region community. (id:13843)
| MLS # | X13807942 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 34 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | JASON KLEYN |
| SQ Feet | 2,500 |
|---|---|
| Zoning | C-1 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Parking Total | 4 |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 2168.43 |
|---|
| Province | ON |
|---|---|
| City | Woolwich |
| Postal Code | N3B2M4 |
| Listing VS Median (in N3B2M4) | |
Price: $799,000 low | high Med: $599,000 sqft: 2,500 low | high Med: 2,500 $ / sqft: $320 low | high Med: $240 On site: 34 low | high Med: 34 | |
| Province | ON |
|---|---|
| City | Woolwich |
| Postal Code | N3B2M4 |
| Listing VS Median (in N3B2M4) | |
Price: $799,000 low | high Med: $599,000 sqft: 2,500 low | high Med: 2,500 $ / sqft: $320 low | high Med: $240 On site: 34 low | high Med: 34 | |
![]() | $879,0009 Park Avenue WElmira, ON N3B1K9 |