ONHastingsBelleville249-253 Front Street
249-253 Front Street
Interior view
Interior view
22
For Sale26 days on Market

249-253 Front Street

Belleville, ON, K8N 2Z6

Community:Belleville Ward

Asking Price

$2,850,000

Frontage

60.75 ft.

Lot Depth

172.24 ft.

Square Foot

12,722 ft.

Lot Area

Zoning

Commercial

249-253 Front Street, Belleville, K8N 2Z6

Property Description

Original Remarks

Introducing the Burrows Building, a turnkey mixed-use investment opportunity in the heart of Downtown Belleville. This fully renovated and fully tenanted property offers stable, diversified income streams through a mix of commercial and residential units, making it an attractive opportunity for private investors, real estate professionals, and portfolio landlords alike. The building features 2 commercial units and 11 residential apartments, including 8 bachelor units, 1 two-bedroom unit, and 2 one-bedroom units, all of which are currently leased and have a history of strong tenant demand and minimal vacancy. Extensive renovations and capital improvements have already been completed, including structural upgrades, new windows, new fire escapes, enhanced security systems, and significant interior renovations throughout the building. The building's historic character has been preserved with exposed brick walls, while modern upgrades provide functionality and comfort. Located in Belleville's growing Downtown Core, the property benefits from ongoing economic development, nearby amenities, and continued demand for both residential and commercial space. The Burrows Building presents an excellent opportunity to acquire a stabilized, income-producing asset with immediate cash flow and long-term appreciation potential.

PROPERTY HISTORY

249-253 Front Street

PROPERTY DETAILS

OccupancyInvestment
Possession TypeFor Sale
Heating TypeGas Hot Water
WaterMunicipal
Sewers
Retail Area12,722 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunityBelleville Ward
Hours Open
CategoryApartment
LLBO
Days Open
Business / BuildingBuilding
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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