113 Bridge Street, Carleton Place, ON K7C 2V4

$559,000

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Property Description

An excellent investment opportunity in the heart of downtown Carleton Place! Situated along busy Bridge Street, this solid mixed-use building offers great visibility, strong foot traffic and three income-generating units. The main level features approximately 1,000 sq. ft. of commercial space with two large display windows, an open retail area, workshop space, bathroom, kitchenette, storage and rear access. A full-length basement provides additional storage space. The upper level offers two residential rental units, including a bachelor apartment and a one-bedroom apartment. Numerous updates have been completed throughout the property, including new flooring in the commercial space and rear apartment, exposed brick restoration, improvements to the common hallway and stairway, and updates to the front apartment featuring new flooring, kitchen cabinetry and exposed brick accents. Offering a steady income stream with established tenants, this property is a great addition to any investment portfolio. Located in a vibrant downtown setting surrounded by established businesses, shops and restaurants. A fantastic opportunity to own a piece of Carleton Place's thriving downtown core! The sale includes the building and real estate only.

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Listing courtesy of REMAX BOARDWALK REALTY.