149-151 Broadway
Orangeville, L9W1K2
For Sale
$1,299,900
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Store With Apt/Office
CATEGORY4,000 Sq Ft
TOTAL AREAW11888870
MLSIDContact Us
Property Description
Calling investors! Investment opportunity in bustling downtown Orangeville. Amazing passive income opportunity with 2 great existing commercial tenants, 1 rented residential unit & large open space to be converted into additional commercial or residential units. Classic brick, Broadway building that locals know & love. More details including current rents available upon request.
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Property Details
Category
Store With Apt/Office
Zoning
Cbd
Total Area
4,000 Sq Ft
Office/Apartment Area
50.0
Retail Area
50.0
Lot Size
29' x 132'
Taxes
$9,097 (2024)
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Listing contracted with Exp Realty
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***Total Gross Annual Income: $66,100*** TURNKEY COMMERCIAL PROPERTY OPPORTUNITY!!! Calling all INVESTORS: This newly renovated building with 1,998 total sqft is set in the bustling historic downtown district of Orangeville, showcasing prime location & ample parking - both units already leased! Storefront retail unit is the popular "6IXTY WINGS" restaurant franchise with a signed 10-year contract. Upper Apt is a 2 BED, 1 BATH, 2-STOREY open concept & contemporary space with a committed responsible AAA Tenant. Many property upgrades: Hot Water Tank (owned, 2024), Roof/Windows/Furnace/Central AC/Electrical Panel (2019), Residential Apt has Stainless Steel Appliances & Front Load Washer/Dryer (2017), Restaurant comes with all Kitchen equipment included with sale. Incredible walking score, 7 parking spots at rear of building, centrally located in the designated Historic Conservation District - surrounded by many businesses big & small, great exposure to all driving by! Orangeville is host to the infamous Blues & Jazz Festival, epic Town Hall Holiday celebrations and the weekly summer Farmer's Market -- thriving as a vibrant community. Don't miss out on this incredible investment opportunity - immediate possession, yours for the taking!!!
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