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$ 549,900
Est. payment /mo
Active
14 Clinton ST S South Bruce, ON N0G 2S0
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $109
Subdivision South Bruce
MLS Listing ID X13721288
Annual Tax Amount $8,963
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
INVESTORS - TAKE A CLOSER LOOK AT THE NUMBERS. This mixed-use property in the heart of Teeswater combines immediate residential income with significant commercial upside. Four residential apartments are fully occupied, generating $6,000 per month / $72,000 per year in current gross rental income. The approximately 2,500 sq. ft. commercial component offers the opportunity to generate an additional $30,000 annually when fully leased, bringing potential total gross income to approximately $102,000 per year. At the current asking price of $549,000, that's a compelling income opportunity. The commercial space is being offered at $7.00/sq. ft. plus approximately $5.00/sq. ft. TMI and may also appeal to an owner/operator looking to run a business while the four apartments help carry the property. Approximately 5,000 sq. ft. in total with C1 zoning and a prominent Clinton Street location. Buy the existing income and unlock the commercial potential.
Location
Province ON
County Bruce
Area Bruce
Interior
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 42.0
Lot Depth 132.0
Others
Security Features No
ParcelsYN No
Listed by SUTTON GROUP - SELECT REALTY
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