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$ 699,900
Est. payment | /mo
2,849 SqFt
$ 699,900
Est. payment | /mo
2,849 SqFt
Key Details
Property Type Other Types
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2849
Square Footage 2,849 sqft
Price per Sqft $245
Subdivision Waterford
MLS® Listing ID 40813322
Property Sub-Type Condo
Property Description
Positioned in the heart of downtown Waterford, 57 Main Street South presents a compelling opportunity for investors and entrepreneurs alike. This well-kept mixed-use building offers strong visibility along the town's main corridor, surrounded by local shops, community amenities, and steady foot traffic that supports long-term business success. The main level is home to a thriving convenience store—the only one of its kind in town—creating a built-in customer base and a rare competitive advantage. With the current owner preparing for retirement, there is immediate potential to step in and grow the business further. Expanded operating hours could significantly increase revenue, while existing income streams such as lottery commissions already contribute consistent monthly returns. Above, two residential units provide reliable supplementary income and flexibility. A spacious two-bedroom apartment and a bright studio unit offer strong rental appeal, making this property ideal for those seeking a live-work lifestyle or a fully tenanted investment. Located in a welcoming and steadily growing community within Norfolk County, Waterford continues to attract visitors and residents alike with its small-town charm, local events, and nearby outdoor attractions like the Waterford Heritage Trail. Its convenient proximity to Brantford and Simcoe further enhances its appeal for commuters and business owners. Whether you're looking to expand your investment portfolio or establish a business with built-in residential income, this versatile property offers both immediate returns and future growth potential in one of Norfolk County's most desirable small-town settings. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Erie Shores Realty Inc. Brokerage
NEARBY SCHOOL & BUSINESS
#200 - 7404 King George Blvd, Surrey, BC, V3W 1N6, CAN