30 Queen Street W Elmvale, Ontario L0L 1P0
$2,200,000
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 property has a potential annual revenue of $132,000 at current market rates. What's more, vacant possession is available, allowing flexible management options. Explore this remarkable investment opportunity! (id:55566)
Business
| Name | The Laundromat |
Property Details
| MLS® Number | 40500723 |
| 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 |
| Utility Water | Municipal Water |
Land
| 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/26178425/30-queen-street-w-elmvale
Interested?
Contact us for more information
Peggy Hill
Broker
374 Huronia Road
Barrie, Ontario L4N 8Y9
(705) 739-4455
(866) 919-5276
peggyhill.com/
Jim Ruddy
Salesperson
(866) 919-5276
374 Huronia Road Unit: 101
Barrie, Ontario L4N 8Y9
(705) 739-4455
(866) 919-5276
peggyhill.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 17 2023 10:31:38
Barrie & District Association of REALTORS® Inc.
RE/MAX Hallmark Peggy Hill Group Realty Brokerage