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$1,788,000
Status: For Sale
Free-Standing Commercial Building with Established Convenience Store and Residential ApartmentDiscover a prime investment opportunity in the heart of downtown Brampton. This corner property features a free-standing commercial building housing a well-established convenience store that has been serving the local neighborhood for decades. Additionally, it includes a spacious two-bedroom apartment on the second floor, making it a versatile investment option.Property Highlights:Prime Downtown Location: Situated in the vibrant heart of Brampton, this property is just steps away from the Brampton GO station, Algoma University, and various amenities.Established Business: The convenience store has a strong, long-standing presence in the community, providing a steady stream of income.Residential Component: The spacious two-bedroom apartment on the second floor offers additional rental income potential.Large Lot with Ample Parking: The property features a sizable lot with parking for approximately 6-8 cars, enhancing its commercial appeal.Development Potential: With commercial zoning and a large lot, this property presents a unique opportunity for builders and investors to develop a low-rise building on the combined land of both properties.Convenient Accessibility: The property is within a 5-minute walk to multiple schools, parks, gyms, including the YMCA, and a new hospital. The Brampton GO Station is only an 8-minute walk away, Highway 410 is a quick 5-minute drive, and the ZUM bus line on Queen Street is just a 5-minute walk away. Additionally, a fire station at Centre and Vodden is within a 5-minute walk.This property is an excellent investment in a high-demand, central location with substantial potential for both commercial and residential income.
Property Type | :Commercial |
MLS Number | :W9031098 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :04 Sep, 2024 (1 Day ago) |
Source | :TRREB |
Area | :Peel |
Community | : Downtown Brampton |
Postal Code | : L6Y 1W3 |
Price | :$1,788,000 |
Property Taxes | :$8098.00 |
Tax Year | :2024 |
Cross Street | :ELLIOTT ST & FRASER AVE |
Fireplace/Stove | :No |
Virtual Tour | :Virtual Tour (External Link) |
04 Sep, 2024
TREB #W9031086
Available
$1788000.0
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