1133 Concession Street, Russell, ON K4R 1C8

Russell K4R 1C8 Ontario

MLS: X11970723

$1,200,000

Added 72 days ago | For Sale

Listed by: EXP REALTY

About Property

Historic Mixed-Use Commercial Building in the Heart of Russell. Step into a piece of history with this century-old mixed-use commercial building, perfectly situated in the heart of Russell. This solid brick property offers an investment opportunity with 5 commercial units on the ground floor and 5 residential apartments on the second floor. One of which is currently vacant, and freshly renovated, allowing for immediate occupancy . Separate hydro meters for all units, ensuring ease of utility management and tenant responsibility. Natural gas heating for the commercial units, providing efficient and cost-effective climate control. Electric baseboard heating for the five residential apartments, allowing independent temperature control for tenants. Prime Location & Investment Potential: Located in the heart of Russell, this high-visibility property benefits from excellent foot traffic and a thriving local economy. Ideal for a mix of retail, office, and service-based businesses looking to establish themselves in a well-traveled area. Russell's growing population and strong community appeal make this an excellent long-term asset. Whether you're looking to expand your investment portfolio, or generate passive income, this historic property offers endless possibilities. Don't miss the chance to own a piece of Russell's history contact us today for more details or to schedule a private tour!

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 118.02 X 83.91
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Concession Street and Mill Street
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $10940
  • Bedrooms:
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X11970723

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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