Corner Free-Standing Commercial Building with Residential Apartment 88 Elliott St, Brampton Unlock a premier investment opportunity at 88 Elliott St, situated in the thriving heart of downtown Brampton. This prominent corner property offers a seamless blend of commercial and residential spaces, making it an ideal asset for investors or owner-operators seeking steady income with exciting development potential. Property Highlights: Prime Downtown Location: Located steps from Brampton GO Station, Algoma University, and various local amenities, this high-traffic area provides exceptional visibility and foot traffic, enhancing business potential for the long-established convenience store. Established Convenience Store: A neighborhood favorite for decades, this convenience store delivers a steady income stream, adding immediate value to your investment. Spacious Residential Apartment: The second floor features a comfortable two-bedroom apartment, offering rental income potential or a live-on-site option for owner-operators, enhancing versatility. Ample Parking: With space for 6-8 cars, this large lot offers a rare convenience in downtown Brampton, benefiting both customers and tenants. Development Potential: Zoned for commercial use, this property invites builders and investors to explore the opportunity for a low-rise mixed-use development, meeting the growing demand in Brampton's core. Convenient Access: Within a short walk to schools, parks, gyms (including the YMCA), and the new hospital, with Brampton GO Station just an 8-minute walk away. Highway 410 is only a 5-minute drive, and the ZUM bus line on Queen Street is nearby, ensuring easy connectivity. This property combines the reliable income of a well-established business, rental potential from the residential space, and attractive development opportunities, making it a top-tier investment in one of Brampton's most sought-after areas. Don't miss this chance schedule your viewing today!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1400 sq. ft. Square Feet
Total Area:
1,400 sq. ft.130 m2
Retail Area:
700 sq. ft. Sq Ft
Office/Apt Area:
700 sq. ft. Sq Ft
Depth:
50'15.2 m
Frontage:
123'9"37.7 m
Lot Shape:
Irregular
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
6
Possession Details:
TBD
Lot Irregularities:
Irregular lot
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,517.67 /
2024
Assessment:
$- /
-
Brampton
Downtown Brampton
Peel
Major Highway, Public Transit
No
Residential one stove, one fridge, hot water owned
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