$839,900

5204 King Street

Beamsville ON, L0R 1B2

Description

Great opportunity on the Niagara Wine Route! Well maintained investment property located in the vibrant and growing Town of Beamsville , this high traffic location offers quick QEW access with many new residential developments and high profile wineries in the immediate area, Main Floor Commercial Unit Tenant is well established restaurant; two 1000 sq. ft (approx.) 2 bedroom residential apartments on the 2nd floor, detached 500 sq. ft (approx.) 1 bedroom Cottage at the rear of property is completely renovated with luxury finishes.; Main building has a forced air heating systems and separate electric meters for all units; new flat roof installed (2017); Updated Furnace, Electrical, Plumbing and most windows; the General Commercial zoning permits a wide variety of uses; Great opportunity for entrepreneur to re-develop site in the future (Upper floor has view of Lake Ontario) in the meantime, the potential cash flow can return excellent ROI.

Details

MLS#40008235
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1950
Days On Site110

Features

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Area Information
ProvinceON
CountyNiagara
CityBeamsville
Postal CodeL0R 1B2
Area9 - Lincoln
Listing VS Median (in L0R 1B2)
Price:
$839,900
low | high
Med:
$839,900
50% of Average
On Site:
110
low | high
Med:
110
100% of Average
Listing Updated: December 4, 2020 8:00:38 PM PST
CATHY BERKHOUT-BOSSE LogoMLS Number: 40008235
Listing Provided By:
CATHY BERKHOUT-BOSSE  of  RE MAX WELLAND REALTY LTD BROKERAGE
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