4 Bathroom
4510 sqft
Fully Air Conditioned
Forced Air
$2,699,900
Iconic Mixed-Use Investment Opportunity in Downtown Elora. A rare chance to own a landmark stone building in the heart of highly sought-after downtown Elora. This exceptional property features two residential income units, a successful, established restaurant, and an additional storefront commercial unit, making it a truly diversified and tremendous portfolio opportunity.Meticulously updated and renovated to the highest standards, the building showcases timeless stone craftsmanship while offering modern systems, finishes, and functionality throughout. The restaurant includes a full-service patio overlooking the Grand River, delivering an unmatched dining experience and strong draw for locals and visitors alike. Positioned in a high-traffic location, surrounded by boutiques, tourism, and year-round foot traffic, this property benefits from Elora's vibrant downtown energy and enduring demand. Whether you're an investor seeking stable income, a business owner looking for a signature location, or a portfolio builder targeting premier assets, this is a once-in-a-generation opportunity in one of Ontario's most desirable small towns. Downtown Elora. Iconic setting. Proven income. Exceptional upside. (id:49187)
Property Details
|
MLS® Number
|
X12708066 |
|
Property Type
|
Retail |
|
Community Name
|
Elora/Salem |
|
Amenities Near By
|
Recreation |
|
Farm Type
|
Other |
|
Features
|
Conservation/green Belt |
Building
|
Bathroom Total
|
4 |
|
Age
|
100+ Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
4510 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Recreation |
|
Size Depth
|
137 Ft ,2 In |
|
Size Frontage
|
33 Ft ,1 In |
|
Size Irregular
|
33.16 X 137.21 Ft |
|
Size Total Text
|
33.16 X 137.21 Ft |
|
Zoning Description
|
C1 |
https://www.realtor.ca/real-estate/29264601/13-mill-street-e-centre-wellington-elorasalem-elorasalem