An excellent opportunity to expand your investment portfolio in the heart of Downtown Woodstock! Situated in a prime, high-exposure location within the downtown core, this mixed use commercial and residential property offers strong visibility, convenient accessibility, and close proximity to a variety of established businesses, local shops, restaurants, and amenities. The building features approximately 1,650 square feet of main-floor, street-level commercial space, providing excellent exposure and accessibility for a variety of business uses. The upper level offers two separate residential rental units, each featuring two bedrooms and one bathroom, creating an attractive combination of commercial and residential income streams. Currently, the main-floor commercial space generates $2,300+ per month, while each residential unit generates $1,500+ per month, providing a combined gross rental income of $5,300 monthly or $63,600 annually. Notable building improvements include an updated exterior façade and a replaced roof, adding to the property's overall appeal and long-term investment potential. Located in the growing community of Woodstock, with convenient access to major transportation routes and surrounding amenities, this property presents an opportunity for investors seeking diversified rental income in an established downtown location. Whether you're expanding an existing portfolio or entering the mixed-use investment market, this income-generatingproperty offers a combination of location, exposure, improvements, and established rental revenue. (id:36096)
| MLS® Number | X14167896 |
| Property Type | Retail |
| Community Name | Woodstock - North |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Exterior | 3300 Sqft |
| Size Interior | 3,300 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 100 Ft |
| Size Frontage | 16 Ft ,6 In |
| Size Irregular | Bldg=16.5 X 100 Ft |
| Size Total Text | Bldg=16.5 X 100 Ft |
| Zoning Description | C5 |
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