5490 HWY 620

Retail For Sale in Wollaston, Ontario

$589,000
A Prime Commercial Opportunity in the Heart of Coe Hill Discover a remarkable investment opportunity with this versatile C3-zoned property, perfectly positioned in the vibrant community of Coe Hill. This multi-use building offers two levels of prime retail space, three modern apartments, and a spacious workshop, making it an ideal choice for entrepreneurs and investors alike. Situated steps from a grocery store, LCBO, park, and fire hall, minutes from Wollaston Lakes public beach, the location ensures excellent foot traffic and visibility. Large windowfronts enhance curb appeal and provide opportunities for eye-catching displays, drawing in potential customers. The upstairs apartment features two bedrooms, eat-in kitchen, a dining area, and a 3 piece bath, offering a comfortable living space. The main-level one-bedroom unit includes a four-piece bath, private entry, a 200-amp panel/meter, laundry, and electric heating. The owners suite, which can also serve as a rental, includes a main-floor bedroom, two additional upstairs bedrooms, a four-piece bath, propane heat, an electric fireplace, and laundry. For added flexibility, the two upstairs bedrooms in the owners suite can be combined with the upstairs apartment, creating a spacious four-bedroom unit. The basement is full of potential, featuring a health-inspected kitchen, wood flooring, a 100-amp panel, and space for an additional bathroom. Its ideal for conversion into another apartment, office, or caf. Currently operating as a bait and tackle/hardware shop, the open retail space offers endless business possibilities, from boutique to caf. A rear workshop provides storage or workspace, seamlessly connecting to the retail area. Additional features include a 2022 septic system with expansion capacity, a steel roof, included appliances, a well with a heated box, and a 2021 propane furnace. The property's robust electrical setup includes separate 200-amp panels for key areas and a 100-amp panel for the basement. (id:4069)
Address
5490 HWY 620
List Price
$589,000
Property Type
Retail
Type of Dwelling
Residential Commercial Mix
Area
Ontario
Sub-Area
Wollaston
Lot Size
70 x 125 FT Ac.
MLS® Number
X12023348
Listing Brokerage
BOWES & COCKS LIMITED
Postal Code
K0L1P0
Zoning
C3
Site Influences
Recreation

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The Reynolds Team

Keller Williams Community Real Estate

57 Hunter St E. Peterborough ON K9H 1G4

Mobile: 705-768-4529

Office: 705-486-8600

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