$579,900
14 Spencer Street, Edwardsburgh/Cardinal, ON K0E 1X0
807 - Edwardsburgh/Cardinal Twp, Edwardsburgh/Cardinal,
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Prime Mixed -Use Investment property in charming Spencerville ideally situated on the main road, just 20 minutes from Kemptville. This exceptional stone building offers a unique opportunity for an owner to live and work while earning rental income. Featuring 3 residential units, and a versatile commercial space, which at one time had a liquor license, making it ideal for a restaurant, retail shop, or other business venture. Parking at rear has 3 designated spots for the residential tenants only. The commercial space features 2 newly renovated bathrooms, a full kitchen, storage area, furnace area, and treatment room, rented at $1160/mo plus utilities. Apt 1 pays $897/mo all-in, Apt 2 pays $1330/mo plus hydro, Apt 3 pays $1230/mo all in . Landlords pay Water/Sewer every 3 months $859. Commercial tenants pay for Propane. Building equipped with security and cameras monitored and paid monthly, and cameras will stay. Water softener reverse osmosis and UV system owned and will stay. Commercial tenants own all equipment and furnishings. Perfect opportunity to own a piece of history in picturesque Spencerville, close to all town access points, including major highways, and popular trails. With strong community ties, financing and entrepeneurial resources and support, Spencerville offers opportunities beyond your imagination. Furnace, Hot Water Tank and Water Treatment 2017. Metal Roof with new eavestrough. 72 hours irrevocable required on all offers.
- HoldoverDays: 90
- Property Type: Commercial
- Property Sub Type: Commercial Retail
- Directions: Highway 416 to Spencerville, exit 12, Left onto County Road 21, to stop sign, right onto County Road 44, property is on left. Do not park at back, you will block tenants.
- Tax Year: 2024
- WashroomsType1: 5
- Cooling: Partial
- HeatType: Other
- Building Area Total: 1800
- Building Area Units: Square Feet
- Parcel Number: 681410358
- LotSizeUnits: Feet
- LotDepth: 198.88
- LotWidth: 30
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