John DiRenzo, Sales Representative • Phone: 519-857-3490 • https://www.homechannel.ca RE/MAX Centre City John DiRenzo Team Brokerage

108 Elgin Street, Brantford, ON, N3S 5A3 | MLS 40559689: For Sale

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108 Elgin Street, Brantford

Brokered by: Real Broker Ontario Ltd.

MLS® ID 40559689

$595,000.00 For Sale | Commercial Sale

FOR SALE
Type: Commercial Sale 
Property Type: Mixed,Building and Land
MLS® District: 2040 - Terrace Hill/E & N Wards / 2045 - East Ward
County: Brantford
Postal Code: N3S 5A3
New Construction Y/N:  No
Stories Total: 1


     
Cross Street: Murray St
Directions: Clarence St to Elgin St
Inclusions:  Hood Fan, Hot Water Heater (Owned).
Exclusions:  Tenant's Personal Effects.
Lot Depth:  121.99
Lot Size: 121.99 x 23.86 23.86  Fronting: North
Lot Features:  High Traffic Area,Public Transit
Acres Range:  < 0.5

Parking Features:  Other
Garage Spaces:  0
Parking Assigned Space:  0
Parking Total:  3
Carport Spaces:  0
Covered Spaces:  0
Open Parking Spaces:  0
Parking Number On Site:  3
Parking Number Shared Spaces:  0
Parking Trailer Spaes:  0

Building Area Total Aprx.:  269 Square Feet
Exterior: Stucco
Basement:  Partial
Sewer:  Sewer (Municipal)
Water:  Municipal
Water Treatment:  No
Fireplace Y/N:  false
Crops Included Y/N:  No
Electric On Property:   true
WaterFront Y/N:  No
Utilities:  Electricity Connected,Natural Gas Connected,Street Lights,Phone Connected
Road Frontage Type:  Municipal Road
Commercial Doors:  0
Rail:  No
Common Elements Fee Y/N:  false


Remarks: Introducing 108 Elgin, a gem located in the dynamic mix of residential and industrial zones. This dual-zoned (C7 and RIC) property has been extensively updated, including electrical systems, ceilings, plumbing, walls, flooring, and exterior features. These enhancements render it highly adaptable for various business opportunities. Its prime location ensures easy access to downtown areas and major highways.Currently, it hosts a successful Fish and Chip take-out restaurant, with a tenant in place on a 2-year lease, contributing $2000 monthly. Tenants are responsible for their own utility costs and cover 50% of the property taxes. The property also includes five parking spaces for convenience.A significant aspect of this property is the potential for development; city regulations allow for a two-storey secondary commercial unit of up to 225 square meters on the rear lot. Additionally, there exists the possibility to request a zoning change to residential, offering further development opportunities.


Contact Us!

108 Elgin Street, Brantford ON N3S 5A3 | MLS ID® 40559689
For More Information or Schedule a Showing, send John a Message or Call 519-857-3490
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage


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