$789,000
Mississippi Mills
$789,000
Mississippi Mills
27 Bridge Street, Mississippi Mills, Ontario, K0A1A0
This retail property in Mississippi Mills is for sale offering roughly 1,699 sq ft of space.
Welcome to 27 Bridge Street, Almonte - the "Manchester of North America," located in the heart of historic downtown Almonte. Rare opportunity to own a fully renovated, energy-efficient commercial retail building in one of the most desirable locations in Mississippi Mills. Perfect for investors or owner-operators, this high-visibility commercial property is situated directly across from the Mississippi Mills Town Hall and just steps from the vibrant and heritage-rich Mill Street, a year-round destination for both residents and visitors. Zoned for commercial use, this property offers exceptional exposure and strong pedestrian traffic, making it ideal for a wide range of businesses, including retail stores, restaurants, cafés, pharmacies, professional offices, or other commercial ventures. Set on an extra-large lot with over 56 feet of frontage, this is a rare downtown offering. The building has been extensively renovated and upgraded for energy efficiency, providing a turnkey opportunity for its next owner. Additional features include eight private on-site parking spaces, a valuable amenity rarely found in a downtown core. Downtown Almonte is renowned for its historic charm, thriving business community, and strong tourism appeal. With limited quality commercial space available and a high-demand rental market, properties of this caliber rarely come to market. An exceptional investment and business opportunity in one of Eastern Ontario's most sought-after downtown locations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 107 days on market, against an average age of 104 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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This home lists at $789,000, about 6.9× the local median household income of $115,000.
Carrying it typically needs a household income of about $154,119 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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