$459,000
408002 Grey Rd 4, Grey Highlands, ON N0C 1J0
MLS®#:X8492130
- 7-0
- 3
- Area:3500-5000 Sqft
$459,000
Listed by: ROYAL LEPAGE MEADOWTOWNE REALTY
Discover A Unique Investment Opportunity With This Prime Retail And Residential Building In Maxwell, Occupying A 58.5 X 150 Ft Lot Corner Site. Located At The Bustling Intersection Of Grey Rd 4 & 2, This Property Spans 4,212 Square Feet, Featuring Two Residential Units And One Retail Unit, Providing A Diversified Income Stream. Residential Unit 1 Is A Spacious 2,106 Sq Ft, Offering 2 Bedrooms, A Kitchen, And A 3 Pc Washroom. Residential Unit 2 Is 1,288 Sq Ft, Also With 2 Bedrooms, A Kitchen, And A 4 Pc Washroom. Unit 3, A Studio Combining Retail Space, Measures 1,288 Sq Ft And Includes A Bachelor Unit With A Kitchenette, 3 Pc Washroom, And Fireplace. The Property Is Equipped With Ample Parking For 6 Vehicles, Catering To Both Residential And Retail Needs. Significant Updates Have Been Made To Ensure The Building's Efficiency And Comfort, Including Above Grade Windows, Insulation, A Hot Water Tank (owned), Updated Shingles, Eavestroughs, Soffits, Fascia, A Well Water System, Hydro Panel, And Oil Tank (2023). Additionally, The Property Features Two Separate Hydro Meters For Convenience And Cost Management. The Location Is Unparalleled, Within A 30-minute Drive Of Collingwood And Blue Mountain. It Is Also Close To Various Amenities, Including Schools, Trails, Golf Courses, Conservation Areas, Provincial Parks, Lake Eugenia, And Kolapore Ski Trails, Making It An Attractive Place To Live, Work, And Play. The Residential Units Are Currently Occupied By Long-term Tenants On A Month-to-month Basis. This Versatile Building, With A Proven Track Record Of Income And Perfect For Those Looking To Expand Their Investment Portfolio Or Establish A Live-work Setup. The Property Is Offered As Is, Where Is, And Includes All Chattels Owned By The Seller. Do Not Miss Out On This Rare Opportunity To Own This Prime Retail And Residential Building In Maxwell
Community Rural Grey Highlands
City Grey Highlands
Postal Code N0C 1J0
MLS Number X8492130
Days On Market 120 Days
Status Active
Purchase Type For Sale
Listing Type Residential Freehold
Cross Street South East Corner Of Grey Road 2 & 4
Interior
Beds 7-0
Baths 3
Square Feet 3500-5000 Sqft
Air Conditioning Window Unit(s)
Basement Partial Basement
Fireplace Yes
Laundry Level Upper Level
Heating Forced Air
Exterior
Parking Spaces 6
Garage Type None
Driveway Private
Lot Size 58.5 x 150
Style 2-storey
Exterior Brick,metal/steel Siding
Additional Information
Taxes $1,938
Tax Year 2024
Zoning C2 Store with Legal 2 Residential Units
Water Source Drilled Well
Special Designation Unknown
Septic/Sewer Septic
Appox Age 100+
Energy Certification No
Fronting On North
Maintenance Fees $0
Extras Financials available. Corner site. Ideal redevelopment site. 3rd tenant currently shares ground level Commercial store. Great tenants, willing to stay.