$485,000
$499,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
1,250 SqFt
SOLD DATE : 05/13/2024
Key Details
Sold Price $485,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $388
Subdivision Kincardine
MLS Listing ID X10850238
Sold Date 05/13/24
Style 1 1/2 Storey
Bedrooms 1
Annual Tax Amount $2,207
Tax Year 2023
Property Sub-Type Detached
Property Description
Located in the core downtown area on a 45' x 110' lot, this unique listing offers a versatile space for both residential & commercial purposes. The building features approximately 1250 square feet of finished space spread across two levels.
Upstairs, you'll find a furnished, turn-key 1-bedroom apartment with a 3-piece bathroom & laundry hook-up, an eat-in kitchen, and patio access. This space is ideal for short-term rentals or AirBnB hosting, providing a great income-generating opportunity in an area with strong demand. The apartment is well-equipped and ready for occupancy.
The lower level of the building is designed & currently operating as a functional retail shop. It includes a kiosk, fixed shelving for display, roll-up garage door, multiple change rooms for customers, an office space for administrative tasks, and a bathroom for convenience. This setup is perfect for a retail businesses or with a few minor modifications could be a great option for many different businesses looking for a prime location in the downtown area.
The building has had significant updates in recent years & is heated with a forced-air furnace, ensuring comfort & efficiency. The property includes staff parking at rear (accessed by a registered easement) and municipal on-street parking at front for your customers. Whether you're looking to invest in a rental property, run a retail business, or explore a combination of both, this listing offers a versatile space with endless possibilities in a highly desirable location in Kincardine's downtown core.
Location
Province ON
County Bruce
Community Kincardine
Area Bruce
Zoning C-1 COMM
Rooms
Basement Walk-Up, Unfinished
Kitchen 1
Interior
Interior Features Propane Tank, Water Heater Owned
Cooling None
Exterior
Exterior Feature Deck, Porch
Parking Features Mutual
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.25
Lot Depth 110.0
Exposure East
Total Parking Spaces 3
Building
Foundation Wood Frame, Poured Concrete
New Construction false
Others
Senior Community No
Security Features Carbon Monoxide Detectors,Smoke Detector
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