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316 Maple Street Dunnville, Ontario N1A 2G5

5647 sqft
None Forced Air

$950,000

Character & Charm resonates throughout this beautifully maintained, unique & rare 6 unit multi-purpose, double brick “Dunnville Icon” - incs 2 Commercial Units & 4 Residential Units. The majestic 5,647sf building enjoys impressive corner frontage on Maple St. & Alder St. - located in the heart of this vibrant Grand River town offering close proximity to downtown shops/eateries, schools, churches & River parks. Originally constructed as church in 1870 - then retrofitted in 1910 to its current design bordering huge asphalt parking lot (owned by adjacent neighbor). Recent “Big Ticket” updates inc new windows (exclude 1 palladium window) & ext. doors since 2015 + new roof covering-2021. 2 Commercial units offer large open retail spaces, 11ft ceilings, orig. wood plank flooring, newer forced air n/g furnace (supplies both units) & 1 washroom (shared by both units). Versatile unfinished 865sf unit incs swing-style doors facing Alder St. - minimal cost to renovate into potential Commercial or Residential rental space. Residential units inc - 1 main level - 2 bedroom unit & 3 upper level - all 2 bedroom units. Said units are fully rented generating aprox-$37,795 annual gross income/annual net income aprox-$24,792. Substantial upside to increase NOI as current rent is well below present market rent. Allow 24-48 hrs irrev. for showings. MPAC indicates building is deemed a 5-plex - Buyer agrees to accept current zoning on completion. Excellent Investment Property w/a Touch of Nostalgia! (id:36096)

Property Details

MLS® Number H4158604
Property Type Retail
Parking Space Total 10

Building

Appliances Window Coverings
Cooling Type None
Heating Type Forced Air
Size Exterior 5647 Sqft
Size Interior 5647 Sqft
Type Commercial Mix
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 116 Ft
Size Frontage 55 Ft
Size Irregular 0.14 Acres
Size Total Text 0.14 Acres|under 1/2 Acre

https://www.realtor.ca/real-estate/25433552/316-maple-street-dunnville

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