79 FRONT STREET W
Strathroy-Caradoc (NW), Ontario
MLS® X13638130
$799,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13638130
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor. The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented.
A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality. With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates.
An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core.
Property summary
- MLS® number
- X13638130
- Property type
- Business
- Leasable Area
- 2,200 sq ft
- Land size
- Bldg=33.4 x 156 FT
- Annual property taxes
- $2,712.00
- Days on market
- 54 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $799,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX CENTRE CITY REALTY INC., LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.