ONHuronBluewater41 Main Street
41 Main Street
Interior view
Interior view
50
For Sale340 days on Market

41 Main Street

Bluewater, ON, N0M 2T0

Community:Zurich

Expired

Frontage

222 ft.

Lot Depth

132 ft.

Square Foot

7,385 ft.

Lot Area

0.346 Feet

Zoning

Commercial

41 Main Street E, Bluewater, N0M 2T0

Property Description

Original Remarks

That price is not a typo!!! INSANE INVESTMENT VALUE IN RURAL ONTARIO w/ THE ICONIC ZURICH, ON HOTEL PROPERTY | 3 LARGE APARTMENTS + COMMERCIAL RESTAURANT UNIT | MASSIVE LIST OF UPDATES BY CURRENT & PREVIOUS OWNERS | 7385 SQ FT + BASEMENT | NO HERITAGE RESTRICTIONS! Experience excellent exposure & convenience w/ 222' fronting Zurich's primary intersection at this epic corner site. The restaurant unit may be available for someone looking to be an owner & also an operator at this value driven commercial site & 2 apartments ARE available for owner occupation! Just to name a few amenities, this well designed commercial restaurant space, historically licensed w/ the LCBO for 68 seats, comes w/ a full commercial kitchen, hood, bar area, walk-in cooler, & 2 proper washrooms w/ 2 stalls in each + 2 urinals. In addition to the bright & vibrant commercial unit, there are 3 generous residential apartments (see floorplan photos) providing a total of 9 bedrooms & 3 more washrooms plus laundry, & there is a boatload of storage space in between the units & also in the vast & bone dry basement. With .346 acres providing ample ON SITE parking & impressive yard space for your residential tenants, this one has it all, & the 2 upper level apartments were just vacated & are now 97% renovated for a new owner to move in tenants (or short term renters) of their choosing & maximize rental income. Notably, AirBnB/hotel style accommodations at the original Zurich Hotel may be a viable option! The large ground level apartment is currently bringing in $1500/month w/ extremely reliable & long-term tenants & the restaurant unit brings in $2000/month + utilities. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. This property could cap very nicely! Just a 15 min drive to Grand Bend or Exeter & barely 45 to London & 25 to Goderich, this hot spot by the lake is begging for a RE-INVENTION!

PROPERTY HISTORY

41 Main Street

PROPERTY DETAILS

OccupancyInvestment
Possession TypeFor Sale
Heating TypeGas Forced Air Closed
WaterMunicipal
SewersSanitary
Retail Area7,385 ft
Ownership Type
Basement
Garage TypeOutside/Surface
Elevator
CommunityZurich
Hours Open
CategoryApartment
LLBO
Days Open
Business / BuildingBuilding
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces14
Drive Parking Spaces

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