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$ 1,200,000
Est. payment /mo
Active
440 Water ST E Cornwall, ON K6H 1A6
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision 717 - Cornwall
MLS Listing ID X12631256
Annual Tax Amount $10,133
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
This expansive 0.7-acre property offers exceptional versatility, featuring a large commercial building with multiple income-generating opportunities. The upper level includes two residential units with a combined footprint of just under 3,300 sq. ft., providing spacious living or rental options. The main level hosts a sizeable bar/commercial area that offers endless potential for redevelopment or a wide range of business uses. The building is equipped with SPU zoning and includes four gas meters and four hydro meters, supporting multiple tenants or mixed-use operations. The lower level adds even more flexibility, offering both a residential unit and additional commercial space totalling approximately 3,000 sq. ft. Outside, the property features a substantial fenced lot with secure barbed-wire perimeter and convenient rear access to John Street. This portion of the land is zoned to accommodate a seven-storey apartment building, presenting a significant development opportunity. Overall, this property is ideal for investors, developers, or business owners seeking a high-potential mixed-use site with ample space and future growth possibilities. Roof 2025 ($63,000 membrane). All info must be verified by any and all interested parties. Property Being Sold As-Is Where-Is.
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Zoning Res 40/SPU 1
Interior
Cooling Yes
Inclusions Shed Out Back with same siding as building
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Building
Lited by EXP REALTY