14 SPENCER STREET, Edwardsburgh/Cardinal, Ontario, K0E1X0

Property Description

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 2 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 tenants only. The front commercial space features 2 newly renovated bathrooms, a full kitchen, storage area, furnace area, and treatment room, rented at $1160/mo plus utilities. Rear commercial space, a treatment room pays $1300/mo plus propane. Residential tenant in Apt 1 pays $897/mo all-in, Apt 2 pays $1365.81/mo plus hydro, . Landlords pay Water/Sewer every 3 months $859 approx. 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. 96 hours irrevocable required on all offers. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: 5
• Living Area: 1,800 sq ft (167.2 m²)
• Frontage: 30 ft (9.1 m)

Costs

• Annual Taxes: $2,759.74

Listing Provided by: RE/MAX ABSOLUTE REALTY INC.
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.