30 Queen Street W Elmvale, Ontario L0L 1P0
$1,999,900
DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (id:52042)
Business
| Name | The Laundromat |
Property Details
| MLS® Number | 40542335 |
| Property Type | Retail |
| Amenities Near By | Schools |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Southern Exposure |
| Parking Space Total | 8 |
Building
| Basement Type | None |
| Constructed Date | 1910 |
| Exterior Finish | Brick, Metal |
| Stories Total | 2 |
| Size Exterior | 5409.0000 |
| Size Interior | 5409 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 167 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cg |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26523907/30-queen-street-w-elmvale
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April 10 2024 02:48:49
Barrie & District Association of REALTORS® Inc.
RE/MAX Hallmark Peggy Hill Group Realty Brokerage