2 Bathroom
1400 sqft
Fully Air Conditioned
Other
$1,788,000
Prime Corner Free-Standing Commercial Building with Residential ApartmentExplore a standout investment opportunity at 88 Elliott St, located in the dynamic heart of downtown Brampton. This corner property offers a free-standing commercial building with a well-established convenience store, complemented by a spacious two-bedroom residential apartment on the second floor, making it a versatile and high-potential investment.Property Highlights:Prime Downtown Location: Positioned just steps from the Brampton GO Station, Algoma University, and various amenities, this property benefits from excellent foot traffic and visibility in a bustling area.Established Convenience Store: A neighborhood staple for decades, the convenience store has a solid reputation and generates steady, reliable income.Spacious Residential Apartment: The second-floor apartment features two large bedrooms, providing additional rental income potential or live-in opportunities for an owner-operator.Large Lot with Ample Parking: The property boasts a substantial lot with parking for 6-8 cars, enhancing its appeal for commercial tenants and customers alike.Development Potential: Zoned for commercial use, the property offers builders and investors the chance to develop a low-rise mixed-use building, capitalizing on the growing demand in this central Brampton location.Convenient Access: Within a 5-minute walk to local schools, parks, gyms (including YMCA), and a new hospital. The Brampton GO Station is an 8-minute walk, Highway 410 is a 5-minute drive, and the ZUM bus line on Queen Street is just a short walk away. A fire station at Centre and Vodden is also within easy reach.This property combines stable income from an established business, rental potential from residential space, and significant development possibilities, making it a prime opportunity in one of Bramptons most sought-after areas. **** EXTRAS **** This property can be purchased along with 25 Fraser, Brampton, ON, which is listed separately ( W9031079). 23 Fraser is on the mls as well (id:47351)
Property Details
MLS® Number
|
W9031086 |
Property Type
|
Business |
Community Name
|
Downtown Brampton |
AmenitiesNearBy
|
Highway, Public Transit |
Features
|
Irregular Lot Size |
ParkingSpaceTotal
|
6 |
Building
BathroomTotal
|
2 |
Appliances
|
Refrigerator, Stove |
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeExterior
|
1400 Sqft |
SizeInterior
|
1400 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Highway, Public Transit |
SizeDepth
|
50 Ft |
SizeFrontage
|
123 Ft ,9 In |
SizeIrregular
|
Bldg=123.75 X 50 Ft ; Irregular Lot |
SizeTotalText
|
Bldg=123.75 X 50 Ft ; Irregular Lot |
ZoningDescription
|
Commercial |
https://www.realtor.ca/real-estate/27152518/88-elliott-street-brampton-downtown-brampton-downtown-brampton