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$1,299,900
Central Elgin
14110 Bemont Road, Central Elgin (Belmont), Ontario, N0L1B0
This retail property in Central Elgin is for sale offering roughly 4,300 sq ft of space.
Prime Retail/Office/Commercial/Residential Mixed-Use Building in BELMONT ON. Excellent Investment Opportunity. Located directly on the corner of Union St. & Belmont Rd. Free standing building. Two Storeys plus attached lower level. Total Building: Approx. 4,300 Square Feet .Great location, friendly neighborhood, good investment property with retail store leased and operated as a convenience store for more than 30 years (leased 5 yrs + options 2X 5yrs) and 2 residential units both are 2- bedroom residential suite with seperate entrance, seperate electric meters. And 1 office(landlord use for now) or retail use for Nail shop or Cellphone Repair shop etc. The building has been renovated with new shingle (2015.Uper Building) metal roof(2024 Lower), outside stone /siding work(2024), All each unit have a separate entrance and multiple parking space. All in One Place! Discover this unique Mixed Use Property! This versatile multi-use building offers exceptional potential for both commercial and residential ventures. Situated in a prime location around London ON. Investor's Delight and entrepreneurial ventures.Do not go direct to the building. Please allow 24 hours for viewings! Tenant occupied! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 197 days on market, against an average age of 64 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Central Elgin (Belmont) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,299,900, about 13.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $253,916 (20% down, 25-yr amortization, stress-tested) — roughly 154% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0L)
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